Tianjin will seek for economic development relying on four emerging marine industries: sea water circular economy, marine engineering equipment, marine service, and marine biopharmaceuticals.
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In the circular economy for marine resources, the city will focus on establishing a comprehensive industrial chain on sea water desalination and investing 11.74 billion CNY in 19 major projects.
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A total of five major projects will boost the development of the marine biopharmaceutical industry in Tianjin. Industries such as marine pharmaceuticals, biological materials, healthy food, and agricultural products will be improved.
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Marine strategic and emerging industries will be the focus of the future development of the city's marine industry. In order to promote the Tianjin Marine Economy Science Park and accelerate the marine economy, the city enacted four plans targeting the four emerging industries, according to the Tianjin Oceanic Administration.
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The plans promote the transition of marine economic development, accelerating of the adjustment of marine industries, and improving the marine economy.
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According to the plan on marine engineering equipment, the city will promote the development of a high-end industrial chain, develop leading products, establish manufacturing and R&D bases, and build an innovative service platform focusing on the four major marine engineering equipment areas.Â