date:Jul 27, 2012
ointment. Taking last year as an example, they invested more than 70 million yuan in the remaining 18 vessels, but the profit was only about 10 million yuan.
The total cost was at about 65 million yuan last year, but the output was only at 70 to 80 million at most.
Business insiders say China has seen a serious deterioration in offshore fishing resources. And the recent low output at sea is the result of excessive fishing, over exploitation and pollution, factors that have damaged fishery reso