Developing the Marine Economy

Caijing Magazine - - Summary -

The “‘13th Five-Year Plan’ for National Development of Marine Economy” and “Ideas on Building Maritime Cooperation along ‘One Belt and One Road’” were both issued recently. The two documents propose to strengthen the development of marine services and to construct “global central marine cities,” which means China will participate in global competition by aiming for the highest standards worldwide in terms of marine industry clusters.

As new policies are released, China’s previous marine planning and management seem behind the times. Various levels of sea-related management systems and methods have also entered a phase of adjustment to avoid continuing down the old path of reclaiming the sea for growth and developing coastal industries.

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