According to the Ministry of Natural Resources, the national marine economy experienced a strong recovery in the first quarter and achieved a good start. Preliminary calculations show that the gross domestic product (GDP) of the ocean in the first quarter was 2.4 trillion yuan, a year-on-year increase of 5.7%, which is 0.4 percentage points higher than the GDP growth rate. The overall development of emerging marine industries is improving. The seawater desalination project is steadily advancing, with 50000 tons/day seawater desalination projects in Wudi, Shandong and 500 tons/day seawater desalination projects in Liuheng, Zhejiang completed and put into operation. The development momentum of the offshore power industry is good, with a construction scale of approximately 13 million kilowatts of offshore wind power in the first quarter, and a year-on-year increase of 34.0% in power generation. The research and development of marine drugs was carried out in an orderly manner, and the new anti hepatitis B virus drug LY102 of the "Blue Drug Pool" development plan project was clinically admitted. Stable development of traditional marine industries. In the first quarter, the national marine crude oil and natural gas production increased by 5.5% and 10.0% year-on-year, respectively. The year-on-year growth rate of domestic seawater aquaculture production has exceeded 5.0%, and the large-scale intelligent aquaculture net cage "Shenlan 2" in the deep sea has been successfully unloaded. The global new shipbuilding market continues to be active, with a year-on-year increase of over 20% in the number of new orders for sea vessels. The turnover and freight volume of marine goods increased by 8.9% and 7.7% respectively year-on-year. The ocean tourism industry is accelerating its recovery, with ocean passenger volume reaching 109% of the same period in 2019. The business operation continues to improve. According to a survey, nearly 60% of companies achieved year-on-year growth in their operating revenue in the first quarter, while over 80% of companies saw an increase or stability in their workforce. Nearly 80% of companies expect to see growth in their operating revenue in the second quarter. Enterprise innovation continues to advance, with over 70% of enterprises achieving year-on-year growth in research and development funds and personnel in the first quarter. In the first quarter, three offshore companies completed IPOs and went public, with a financing scale of 2.8 billion yuan, accounting for 12.0% of the total financing scale of all IPO companies, an increase of 2.4 percentage points from the end of the previous year. The Blue 100 stock index showed a V-shaped trend of first falling and then rebounding. As of the end of March, the total market value of sample companies involved in the Shenzhen Hong Kong stock market increased by 12.5% compared to the end of the previous year. Ocean foreign trade is steadily recovering. Due to the recovery of external demand and the lower base of the previous year, the throughput of foreign trade containers in coastal ports increased by more than 10% year-on-year in the first quarter, and the total amount of sea freight exports increased by 2.4% year-on-year. Marine products such as ships, wind turbines, and parts performed well, with export amounts increasing by 113.1% and 20.1% year-on-year, respectively. (Lai Xin She)