A Study On The Upgrading And Turning Of Marine Industry In Shandong

The21st Century is the century of the ocean so that every country in the world has being speeded up the pace of developing and utilizing the ocean. Shandong Province is a coastal economic province in China, which has the remarkable geographic location with the long coastline and the abundant marine resource. The strategy about Blue Economic Zone of Shandong Peninsula was put forward in2009. Then the State Council officially approved the "the Development Plan of Shandong Peninsula Blue Economic Zone" in January2011that indicate the construction of Shandong Peninsula Blue Economic Zone has been improved to the national strategic level. The important strategic opportunities for marine economy development of Shandong Peninsula will transfer Shandong into a critical part of China’s marine development strategy and regional development strategy. However at the same time, the opportunity also contains a significant challenge. There are many problems to be solved while the marine economy of Shandong has been developed, such as the draining marine resource, deterioating marine ecological environment and so on. Therefore, the traditional low value-added resource-intensive marine industrial structure is no longer suitable for the requirements of developing the modern marine economy. The marine industry of Shandong Peninsula is required to upgrade to develop sustainably.This paper critically analyzes and evaluates the current situation of industrial structure of Shandong Peninsula marine economic development from the perspectives of the political environment, economic environment, social environment and technical environment, synthetically using the regional economics, industrial economics, econometrics and sustainable development theories. It points out the Shandong marine industrial structure is unreasonable without industrial pattern named "three, two, one". As a result, the industrial structure needs to further transform and upgrade. Dependent on the viewpoint above, firstly, the paper selects the appropriate measure index, constructs the transformation and upgrade index of marine industry in Shandong and establishes the multiple regression model to discover the important issues of marine industry in Shandong, taking consideration into the characteristics of domestic research literature and Shandong marine development, the necessity of marine industry in Shandong transformation and upgrading. Secondly, it analyzes the factors that influence on the marine industry of Shandong in the process of transformation and upgrading with multiple regression model and panel data model. At last, on the base of such influencing factors, the article builds up a comprehensive evaluation index of leading industry of Shandong marine industry to assist to choose the leading industry of Shandong ocean development. Meanwhile, Through the comparison of marine industry in Shandong province’s leading industry and related industries and basic industries coordinationcondition, provides the theory basis for the transformation and upgradingof marine industry in Shandong province development path selection, and upgrade provides a series of countermeasures and suggestions to promote the transformation of Shandong ocean.To begin with, the article analyzes the positive developmental environment of the marine industry from a macro perspective. Then it analyzes the current situation and the changes on the structure of marine industry in Shandong whose result reveals that the development of the service sector is relatively slow than others, and the industrial structure has not appeared the features of advanced phase "three, two, one". The industrial structure needs to upgrade based on the current circumstance. In order to discuss the relationship between the marine industrial development and the marine industrial transformation and upgrading, the article chooses measure index of transformation and upgrade of marine area, which is the ratio of industrial structure index showing reasonable, marine industrial structure supererogation index indicating height, and labor productivity of marine the industrial structure representing efficiency, by combining with the findings of the related literatures. Then the paper uses principal component analysis to construct index of transformation and upgrading of marine industry in Shandong. After that the paper selects the labor, capital, technology input data and the total output value of marine industries to establish the multiple regression analysis model of marine industry in Shandong which demonstrates the necessity of transformation and upgrading. It following comes to a conclusion that the development of marine industry in Shandong still relies on the capital and labor inputs. But the level of science, technology and the transformation and upgrading of industry plays little role in promoting the development of the marine industry.Secondly, based on the analysis of the necessity of the transformation and upgrading of marine industry in Shandong, this paper selects four important factors, namely, the level of economic development, marine science and technology level, the support of government and the financial support of financial institutions. Then it takes advantage of multiple regression model and panel data model to study their influences on the transformation and upgrade process of Shandong and the rest of the coastal regions around the country. The paper draws the conclusion that the marine industry transformation in Shandong is significantly affected by the level of economic development, government support and financial support, where the influence of financial support on industrial transformation and upgrading is larger than the impact of government support. Moreover, the main influential factors on marine industry transformation of all coastal areas are different. In developed areas, the impact of marine technology progress is obviously larger than other regions. At the same time, the state should take measures to adapt some measures to local conditions to achieve the industrial transformation and upgrading and shorten the gap between regions.Finally, the article establishes a comprehensive evaluation of marine leading industry indicators of Shandong, based on the analysis of the influential factors of the marine industrial restructuring and upgrading of Shandong. It utilizes "the diamond model" and the method of factor analysis to select the leading industry. The research discovers that the forefront of Shandong marine industry from2000to2010is fishery, sea salt, the coastal tourism, marine transportation and marine medicine. According to the results, service industry development has developed rapidly these years and instead of the traditional marine industry as the leading industry of Shandong. After that analysis, the paper provides theoretical guidance and practical access to upgrading for the marine industry transformation in Shandong. In order to accelerate the rate of the transformation of marine industry in Shandong, the paper suggests to improve the marine science and technology, capital-intensive industry, marine industrial upgrading. Based on the results of the analysis in the front of the marine industrial transformation and upgrading of Shandong, the paper puts forward some suggestions to accelerate the development of the marine industry. First and foremost, the government should put more attention on the service sector, transforming from resource consumption to technology, capital-intensive industry. Then, it is quite significant to focus on the development of marine leading industry, deriving the marine industry structure evolution from lower stage to higher stage. Next, it needs to advance the marine science and technology, and enhance the innovation ability. Last but not the least, the multiple financial support system should be established to promote the transformation and upgrading of Shandong marine industry.