The marine economy sector exploded once again!
On the morning of August 15, according to information obtained from relevant national departments, the next steps will focus on promoting the construction of national marine economic development demonstration zones and researching policies to support marine-strong provinces, regions, and municipalities. Efforts will be intensified to guide financial support for marine economic development, continuously update the marine industry investment and financing guidance catalog, and actively explore pathways to encourage central enterprises and social capital participation in marine economic development.
Stimulated by this news, stocks including Li Tong Technology, Juli Sling Co.,Ltd., Hynar Water Group Co.,Ltd., Oriental Cable, and Zhongtian Technology surged dramatically. Li Tong Technology once surged over 29%, while Juli Sling Co.,Ltd. hit the daily limit. Market analysts believe that with China's marine economy breaking through 10 trillion yuan and deep-sea technology being incorporated into the government work report alongside commercial aerospace and low-altitude economy as key emerging industries, policy support has strengthened. With the launch of the 15th Five-Year Plan, the marine economy's momentum in capital markets may continue.
**Positive News Emerges**
Information obtained from relevant national departments indicates that the next steps will promote the construction of national marine economic development demonstration zones and research policies supporting marine-strong provinces, regions, and municipalities. Efforts will be strengthened to guide financial support for marine economic development, continuously update the marine industry investment and financing guidance catalog, and actively explore pathways encouraging central enterprises and social capital to participate in marine economic development. Additionally, the implementation of the already issued "Guidance on Promoting Large-scale Utilization of Marine Energy" will be implemented, advancing the construction of key 100-megawatt tidal energy projects. Policies for seawater desalination, marine pharmaceuticals, and biological products industry development will be researched and formulated, with continued promotion of public service platform construction for emerging marine industries.
Stimulated by this news, marine economy concept stocks surged dramatically, with Li Tong Technology once soaring over 29%.
Since August, multiple regions have introduced marine economic development plans. The new Shandong coastal zone and marine spatial plan is about to be released; Liaoning Province plans to compile the "Liaoning Province Marine Economic Development 15th Five-Year Plan"; and Hainan Province has proposed accelerating the construction of a modern marine industry system and achieving the goal of recreating a "Maritime Hainan."
A significant signal emerged on August 13 when an article titled "Promoting High-Quality Development of Marine Economy" was published. The article pointed out that high-quality marine economic development serves as an important engine for economic transformation and upgrading. Improving marine resource development capabilities and promoting the transformation of marine economy toward quality and efficiency can effectively break through land development bottlenecks and resource-environmental constraints, vigorously cultivate new marine productive forces, and accelerate the construction of a modern marine industry system. Leveraging marine resource endowments and supported by mechanized, automated, and intelligent equipment technology, large-scale efficient aquaculture in deep and distant seas helps optimize aquaculture spatial layout and promote marine fishery transformation and upgrading. Through marine technological innovation and promoting the transformation and upgrading of traditional industries such as marine transportation and marine oil and gas development, this facilitates the development of high-end marine equipment manufacturing and the extension of marine industry chains including new materials and intelligent control, cultivating and developing emerging industries like seawater desalination and marine new energy. Continuing to advance the development of marine pharmaceuticals, marine biomedical devices and materials, and marine biological products, while cultivating and strengthening tourism formats such as coastal tourism, cruise tourism, maritime tourism, and island tourism, promotes deep integration of marine technological innovation and industry chains, mutual promotion of cultural empowerment and industrial value addition, expanding industrial space and optimizing industrial structure.
**Significant Potential**
On July 1, a high-level central financial and economic committee meeting was held, further clarifying the important position of marine economic development and emphasizing the promotion of high-quality marine economic development. This meeting's discussion of marine economic development topics, following the March 12 "Government Work Report" first inclusion of "deep-sea technology" in the new productive forces category, represents another powerful policy statement, further demonstrating the increasingly elevated strategic development position of the marine economy.
According to the "China Marine Economic Statistics Bulletin," China's gross marine product reached 10.5438 trillion yuan in 2024, a year-on-year increase of 5.9%, accounting for 7.8% of GDP. In marine industries, both marine shipbuilding and marine power sectors grew by over 14%, mainly due to accelerated offshore wind power installation capacity under energy transition and rising shipbuilding orders driven by shipping market prosperity since 2021. In secondary markets, the marine economy concept was once hyped in March this year, with capital revisiting the sector in early July.
Industrial Securities believes that policies encouraging marine economic development focus on two key points: First, supporting emerging marine industries - this central financial and economic committee meeting proposed strengthening marine strategic scientific and technological forces, the "2025 Government Work Report" first listed "deep-sea technology" as a key field for emerging industries, and the 14th Five-Year Plan emphasized focusing on strategic emerging industries including marine equipment; coastal provinces and cities like Shanghai, Guangdong, and Zhejiang have proposed cultivating and strengthening emerging marine industries in relevant policy documents and development plans. Second, promoting regional coordinated development through marine economy - the "14th Five-Year Plan" positions "actively expanding marine economic development space" as important content for "promoting regional coordinated development," proposing to build a number of high-quality marine economic development demonstration zones and specialized marine industry clusters; local governments like Shanghai and Guangdong have responded to national calls by issuing planning documents to promote coordinated marine economic development in their regions.
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