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9 September 2019 Marine Financial Development and China's Marine Economic Strategy
Han He, Yuanyuan Hong, Shuyu Lin, Weiwei Liu
Author Affiliations +
Abstract

He, H.; Hong, Y.-Y.; Lin, S.-Y., and Liu, W.-W., 2019. Marine financial development and China's marine economic strategy. In: Gong, D.; Zhu, H., and Liu, R. (eds.), Selected Topics in Coastal Research: Engineering, Industry, Economy, and Sustainable Development. Journal of Coastal Research, Special Issue No. 94, pp. 585–588. Coconut Creek (Florida), ISSN 0749-0208.

The basic characteristics of modern marine finance are the coexistence of policy finance and commercial finance, openness and exclusiveness, and the combination of industry and finance and financial agglomeration complement each other. Modern marine financial instruments include bank loans and credit guarantees, marine funds, corporate bonds and asset acclimatization, financial leasing and marine insurance. At present, China is facing great opportunities to develop marine finance. It is suggested that the Chinese government should support the establishment of marine financial element aggregation zones and promote the rapid rise of China's marine financial industry in the mode of “three funds, one bank and one think tank”.

©Coastal Education and Research Foundation, Inc. 2019
Han He, Yuanyuan Hong, Shuyu Lin, and Weiwei Liu "Marine Financial Development and China's Marine Economic Strategy," Journal of Coastal Research 94(sp1), 585-588, (9 September 2019). https://doi.org/10.2112/SI94-116.1
Received: 6 February 2019; Accepted: 20 May 2019; Published: 9 September 2019
KEYWORDS
development
Marine economy
Marine finance
strategy
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