The establishment of the Zhoushan Archipelago New Area was approved by the State Council in June 2011, which was announced on July 7, 2011.
In 2017, the GDP reached 121.9 billion yuan ($17.99 billion) in the new area, a year-on-year growth of 8.8 percent. With the industrial added value of the third industry totaling 63.2 billion yuan, the economic structure has shifted from that of traditional fishery to a comprehensive modern economy.
By 2017, the new area has formed an island-based industrial system made up of shipbuilding, petrochemicals, and deep processing of aquatic products.
New Development Layout:
The Zhoushan Island is regarded as a main region, while, islands of Daishan, Qushan, Dayangshan, Xiaoyangshan, Dayushan, Xiaoyushan and Dachangtu constitute a port logistics cluster.
Other industry clusters on tourism, fishery and marine ecology will be developed, such as Putuo International Tourism, Liuheng Port Industry, Jintang Port Logistics and Shengsi Fishery, according to the characteristics and development goals of each island.
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