Riding wave of potential in marine economy
China DailyQingdao's West Coast New Area hosts the East Asia Marine Cooperation Platform Qingdao Forum last week. As the first marine economy-themed national new area approved by the State Council, China's Cabinet, Qingdao's West Coast New Area has made full use of the forum to gather various resources including industrial projects, capital, professionals and technologies, in a bid to inject vigor into the development of the marine economy. "The robot can be applied to shipbuilders and the West Coast New Area is home to an industrial cluster of shipbuilding and ocean engineering," said Xu Huayang, the team leader. In addition to marine biopharmaceuticals, shipping, trade and finance-traditionally strong sectors of the West Coast New Area-a new session of seaweed and health was added to this year's forum agenda.