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Frontiers in Ocean Engineering, 2022, 3(2); doi: 10.38007/FOE.2022.030202.

Root Causes of the Problems of the Development and Utilization of Marine Resources Assets from the Perspective of Economics

Author(s)

Thielen Oriaghe

Corresponding Author:
Thielen Oriaghe
Affiliation(s)

Univ Chem & Technol Prague, Prague 16628, Czech Republic

Abstract

In the process of China's economic development, with the acceleration of the development process of the marine industry, the traditional utilization of resource assets can no longer meet the market demand for the three superior products of the sea, land and air, especially the emerging technologies, emerging marine technologies and other high-value industries. From the perspective of economics, this paper studies and analyzes the economic situation and the composition of capital elements in China's coastal areas. By analyzing the current situation of the development and utilization of marine assets in China's coastal areas, as well as some existing problems and shortcomings, it discusses the difficulties faced by resource-based enterprises under the new situation and the countermeasures and methods. On this basis, the corresponding suggestions and countermeasures are put forward. The survey results show that strengthening government guidance is the main solution, improving the relevant laws and regulations, and the market guidance and improving the property rights mechanism are the secondary solutions to improve the utilization efficiency of resource assets.

Keywords

Economic Perspective, Marine Resources, Asset Development, Root Cause Analysis

Cite This Paper

Thielen Oriaghe. Root Causes of the Problems of the Development and Utilization of Marine Resources Assets from the Perspective of Economics. Frontiers in Ocean Engineering (2022), Vol. 3, Issue 2: 10-17. https://doi.org/10.38007/FOE.2022.030202.

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