Ma Weichen, deputy director of the Regional Coordinated Development Department of the National Development and Reform Commission, said that support for marine industry development will be increased during the “15th Five-Year Plan” period. Coordinate and make good use of all types of government investment funds, support the construction of a number of major projects that lay the foundation and benefit the long term, and scientifically and rationally guarantee the needs of the project for sea use, land use, and island use. Promote the market-based allocation of marine resource assets, actively promote the hierarchical and three-dimensional use of marine areas, and promote the protection and development of marine islands through classification. For example, it will improve the island development and protection management system, comprehensively consider the functional positioning and comparative advantages of islands, scientifically classify different types and clarify differentiated requirements, and promote a high level of protection and high-quality development of islands in an integrated manner. It will also accelerate the development of blue finance, dynamically update the marine industry investment and financing catalogue, encourage social capital to participate in the development of the marine economy, and accelerate the formation of a diversified investment pattern.

Ma Weichen, deputy director of the Regional Coordinated Development Department of the National Development and Reform Commission, said that support for marine industry development will be increased during the “15th Five-Year Plan” period. Coordinate and make good use of all types of government investment funds, support the construction of a number of major projects that lay the foundation and benefit the long term, and scientifically and rationally guarantee the needs of the project for sea use, land use, and island use. Promote the market-based allocation of marine resource assets, actively promote the hierarchical and three-dimensional use of marine areas, and promote the protection and development of marine islands through classification. For example, it will improve the island development and protection management system, comprehensively consider the functional positioning and comparative advantages of islands, scientifically classify different types and clarify differentiated requirements, and promote a high level of protection and high-quality development of islands in an integrated manner. It will also accelerate the development of blue finance, dynamically update the marine industry investment and financing catalogue, encourage social capital to participate in the development of the marine economy, and accelerate the formation of a diversified investment pattern.