Zhuhai "shipbuilding" attracts private capital to enter the sea, and the billion-dollar "maritime new infrastructure" project makes its debut.

date
09/08/2025
The marine economy is being pushed to unprecedented heights and becoming the next strategic focus. In July of this year, the Central Economic and Financial Committee meeting pointed out the need to promote high-quality development of the marine economy, strengthen top-level design, increase policy support, and encourage and guide active participation of social capital in the development of the marine economy. On August 8th, Zhuhai City held a city-wide conference on marine economy work and the promotion of "new infrastructure" in the sea. A total of 108 "new infrastructure" projects were officially released at the meeting, with a total investment of 110.1 billion yuan, including 65 signed projects with a total investment of 29.21 billion yuan, and 33 intended projects with a total investment of 80.8 billion yuan. Hu Zhenyu, Deputy Dean of the Qianhai Branch of China (Shenzhen) Institute of Comprehensive Development and Research and Director of the Institute of Sustainable Development and Marine Economy, explained to reporters that Zhuhai's move sends a strong market signal, strengthens the direction of "developing towards the sea", and aims to attract social and global capital to make up for the previous weaknesses in the marine economy.