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Ningbo sets 13 marine economic projects

According to a related meeting held on January 4, Ningbo has set 13 projects for the development of marine economy. Of the 13 projects, there are 8 key projects: high-efficient marine biological cultivation, marine biological medicine, marine equipment, Ningbo New-type Marine Biological Research Center, and Ningbo Biological Industrial Center of Shanghai Institute of Materia Medica, Chinese Academy of Sciences. There are 5 ordinary projects including Xiangshan Marine Biological R&D Project.

Reportedly, the marine economic innovative projects are organized by the Ministry of Finance and the National Bureau of Oceanography. The projects aim to promote the strategic emerging industries, and support some areas to establish demonstrative zones for the innovative development of marine economy. There are four funds for the projects: the special fund for strategic emerging industries, the fund for use of seas, the special fund for the studies of marine public welfare industries, and the special fund for the promotion of innovation of higher educational institutions.

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