INDUSTRIES
INDIAN MINERALS AND INDUSTRIES
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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USA
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Peru
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India
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China
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Detailed explanation-1: -The correct answer is China. China is the ruler of the world’s largest fish producer. This Panda country leaves far away from its competitors, including India with a distance of six times more. With a total global fish production of 178.8 million tons, one-third of the world’s fish production comes from China.
Detailed explanation-2: -The Chinese fishing industry is the most heavily subsidized on earth. It also has the highest share of harmful subsidies, subsidies which make it profitable to overfish depleted stocks, with $5.9 billion of such subsidies paid in 2018.
Detailed explanation-3: -In 2017 the global seafood market was valued at 125.2 billion U.S. dollars, and is expected to grow to 155.32 billion dollars by 2023. The country that catches the highest volume of fish is China, followed by Indonesia and India.