Advancing China's Sustainable Blue Economy 2025

34Policy Title Year Key Participation OrganizationEffect/ significanceSupport for the Sustainable Blue Economy sector Guidelines for Green Finance Support for Sustainable Marine Fisheries2025 Fujian Strait Bank, Fujian Provincial Financial Society, and others.The first domestic marine-related green finance group standard, aimed at promoting the transformation of marine fisheries and ecological protection.Primarily targeting the marine fisheries sector, it covers the recognition of green activities across seven key scenarios: offshore aquaculture, tidal flat aquaculture, other seawater aquaculture, marine fishing, construction of marine fish hatcheries and breeding farms, renovation and ecological restoration of fishing ports, and processing and comprehensive utilization of marine aquatic products and by-products. Specific indicators for different scenarios are clearly defined (e.g. stocking density, pollutant emission limits, energy utilization efficiency, etc.). Qingdao Bank Blue Asset Classification Standards" (renamed as the "Blue Finance Guidance Framework" after global consultation and revisions).2021 Qingdao Bank and the International Finance Corporation (IFC)The first blue finance classification standard combining international consensus and China's practices.1. Water supply 2. Water sanitation 3. Ocean-friendly and water-friendly products 4. Ocean-friendly chemicals and plastics-related industries 5. Sustainable shipping and port logistics industries 6. Fisheries, aquaculture, and seafood value chain 7. Marine ecosystem restoration 8. Sustainable tourism services 9. Offshore renewable energy facilities Blue Finance Comprehensive Service Plan for the Marine Economy (Version 3.0)2021 Qingdao Branch of Industrial BankDefines blue finance business standards and establishes a guiding directory for 10 industries1. Green marine vessel manufacturing 2. Marine ecological and environmental management 3. Marine-related green services 4. Green fisheries 5. Development of marine clean energy (e.g. offshore wind power) 6. Seawater desalination and comprehensive utilization 7. Construction of marine ranches 8. Marine technology research and development and results commercialization 9. Development and protection of marine carbon sinks 10. Coastal wetland restoration and protection Yantai Blue Industry Investment and Financing Support Catalogue2024 Yantai Financial Supervision BureauThe first local blue finance standard in China, it establishes a qualitative and quantitative indicator system for the first time, specifically targeting marine-related sub-industries to define relevant blue economic activities.1. Marine fisheries 2. Marine aquatic product processing 3. Marine pharmaceuticals and bioproducts industry 4. Marine chemicals 5. Marine power 6. Seawater desalination and comprehensive utilization 7. Marine transportation 8. Marine shipbuilding industry 9. Marine tourism 10. Marine engineering equipment manufacturing 11. Marine information services 12. Marine ecological environment protection and restoration