Briefly

Marine economy posts steady growth

The China Ocean Economic Development Index, which gauges the country's ocean economic development, rose by 2.3 percent on a yearly basis to 134.3 in 2019, according to data released by the National Marine Data and Information Service. The subindices for marine economic development level, efficiency and potential rose by 4.2 percent, 0.9 percent and 1.1 percent, the data showed. The country's gross ocean product rose 6.2 percent on a yearly basis to 8.9 trillion yuan ($1.32 trillion) in 2019.

Wuliangye revenue rises 14.5% to $6.3b

Leading liquor producer Wuliangye Yibin Co Ltd said its revenue rose by 14.53 percent to 42.49 billion yuan ($6.35 billion) in the first three quarters of the year. The company's net profit attributable to its shareholders rose to about 14.55 billion yuan, up 15.96 percent over the same period last year, according to the company's quarterly financial report published recently.

Xinhua