Research On Financial Support Path Of Marine Industry Development In Liaoning Province

The twenty-first century is the century of ocean development.In the era of rapid economic development,all kinds of resources are worsening.The importance of marine resources is becoming increasingly prominent.The ocean can provide new engines in the current and future human development.Marine industry is the basis of marine economic development,especially seizing the main force of the development of emerging marine industry,which is particularly important for promoting marine economic development and even becoming a powerful marine country.? As the driving force of marine economic development,financial support can further improve the development level of marine industry.Liaoning Province,as the only coastal province in Northeast China,is responsible for the development of marine economy in Northeast China.Therefore,taking Liaoning Province as an example,this paper studies the financial support path of marine industry,which is of great significance to the revitalization of the old industrial base in Northeast China and the development of Northeast economy.However,from the development of marine industry in Liaoning Province in recent years,the main reason is that the role of marine finance has not been effectively played,and the path of financial support is not clear.Therefore,it is very necessary to study the path and Countermeasures of financial support for Liaoning marine industry development,which is particularly urgent at present.This paper adopts literature research,quantitative analysis,comparative analysis and other research methods.Firstly,it clarifies the relevant concepts and theoretical categories of marine economy,marine industry and marine finance.This paper expounds the current situation,existing problems,causes,opportunities and challenges of Liaoning marine financial system and financial support for the development of marine industry,and analyses the necessity and urgency of financial support for the development of Liaoning marine industry.Secondly,from the financial correlation rate,financial securitization rate and insurance density,this paper makes an empirical analysis on the relationship between financial factors and the development of marine industry.Through co-integration test,it proves that there is a long-term stable equilibrium relationship between financial factors and gross marine product.The Granger causality test shows that financial factors are the Granger cause of gross marine product.Through the analysis of impulse response function,it is proved that in the long run,the financial factors have positive effects on the development of marine industry.Thirdly,from the aspects of legislative guarantee,government support,bank credit,international market financing,venture capital investment and marine financial instruments,this paper makes a comparative analysis of the financial support policies and measures of some developed marine powers in the marine industry,and summarizes the general experience and practices.Finally,based on the empirical analysis and the experience of the marine powers,the basic principles and main objectives of the financial support path design are put forward and elaborated,and the "one main and two auxiliary" financial support path for the development of marine industry in Liaoning Province is put forward.Main path: the combination of government coordination and policy finance;auxiliary path 1: optimizing diversified financing structure;auxiliary path 2: innovating financial products and services.Based on the actual situation of Liaoning Province,this paper puts forward financial support suggestions to promote the development of marine industry in Liaoning Province.The main contribution of this paper is to take financial services for the development of marine industry in Liaoning Province as the research object,start with the three systems of empirical research,theory and policy,and compare the latest practices of marine finance at home and abroad and draw lessons from their experience,summarize the best scheme and path mechanism of financial support for the development of marine industry in Liaoning Province,so as to make the countermeasures more feasible and targeted.