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11 August 2020 The Financial Support for the Development of Marine Economy
Pengfei Gao
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Abstract

Gao, P.-F., 2020. The financial support for the development of marine economy. In: Qiu, Y.; Zhu, H., and Fang, X. (eds.), Current Advancements in Marine and Coastal Research for Technological and Sociological Applications. Journal of Coastal Research, Special Issue No. 107, pp. 169-172. Coconut Creek (Florida), ISSN 0749-0208.

With the rapid development of global economy and the acceleration of land resource consumption, the land energy crisis has become more and more serious. Therefore, the development of marine resources has become an important consensus to expand human living environment. China is a country with rich marine resources, which requires China to vigorously develop the marine economy. However, as China is still a typical “big ocean, small industry” pattern, it needs our government to issue policies to provide financial support. Therefore, how to give full play to the advantages of financial support to promote the development of marine economy has become the main way. Therefore, a new wave of marine economic development is emerging, which requires a lot of capital investment. Therefore, the role of financial support in marine economic development is more critical. Good financial support can effectively promote marine economic growth. Through investment and financing mechanisms such as government investment, credit loan and foreign institutional capital injection, the government can provide all-round financial support for the development of marine economy, which will better realize the growth of marine economy.

©Coastal Education and Research Foundation, Inc. 2020
Pengfei Gao "The Financial Support for the Development of Marine Economy," Journal of Coastal Research 107(sp1), 169-172, (11 August 2020). https://doi.org/10.2112/JCR-SI107-043.1
Received: 19 May 2020; Accepted: 16 June 2020; Published: 11 August 2020
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KEYWORDS
financial support
government departments
investment and financing mechanism
Marine economy
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