The Dilemmas and Strategies of Chinese Marine Bio-medicine Industry

Abstract

Marine bio-medicine industry is recognized as one of the most promising industries in the 21st century. The State Oceanic Administration of China has put the development of marine bio-medicine industry into the national strategic level. This article reviewed the development of Marine Bio-medicine Industry in China, argued that issues in human resources, innovation, demand, R&D investment and technology transfer mechanism restrained the development of the industry. It is concluded that, in order to promote the development of marine biological medicine and narrow the gap between developed countries, the government should increase capital investment and strengthen policy support. Enterprises should devote more to the ability of independent innovation, improvement of the industrial mechanism and market exploitation.