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Web of Proceedings - Francis Academic Press
Web of Proceedings - Francis Academic Press

Study on the Cooperation of the Marine Industry in Maritime Silk Road: Based on West Asian & East African Countries

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DOI: 10.25236/icemc.2019.146

Author(s)

Haiying Ma, Hebin Ma

Corresponding Author

Haiying Ma

Abstract

Marine industry cooperation is an important part of building the 21st Century Maritime Silk Road. From the five aspects of marine fishery, marine oil and gas industry, marine engineering equipment manufacturing, marine engineering construction and marine tourism, this paper analyzes the status quo of cooperation between China and 17 countries for the marine industry, and builds a marine industry development level index system, using factor analysis. The study found that the overall level of China's marine industry development is higher than the 17 countries along the line, but in a certain dimension, countries along the line have comparative advantages. The paper proposes strategies for enhancing mutual strategic trust, relying on the construction of economic corridors, establishing consultation and coordination mechanisms, and seeking cooperation opportunities based on complementary advantages.

Keywords

21st century maritime silk road, Marine industry, Factor analysis