Author(s)

Xiyan Zheng ¹, Mei He ²

Affiliation(s)

¹ School of Accounting, Zhanjiang University of Science and Technology, Zhanjiang, Guangdong, 524043, China
² Bank of China Zhanjiang Branch, Zhanjiang, Guangdong, 524043, China

Corresponding Author

Xiyan Zheng

ABSTRACT

The construction of modern marine ranches is a necessity for strategic development. As a major marine city, Zhanjiang has natural advantages in developing marine ranches. However, due to scattered financing and difficulties in financing the marine aquaculture process, the development of Zhanjiang's marine ranch industry cluster is limited. This paper introduces the operational characteristics of Zhanjiang marine ranch from the perspectives of operational models and industry risks, analyzes the existing financing models of Zhanjiang marine ranch, and based on the system thinking of marine ranch industry chain and multi industry integration, proposes the construction of a market-oriented 'Marine Ranch+' industry cluster financing model. The industry chain of marine ranch should be centered on seawater aquaculture and extend the value chain upstream and downstream, In addition to the integration of the three industries within the industrial chain, it also includes the integration of 'marine ranching+leisure fishing', 'marine ranching+offshore wind power', and finally, the integration of 'marine ranching+' industrial cluster and financial services. The flow of funds should circulate like blood within the industry chain and inter industry systems to fully mobilize various types of capital to ensure the high-quality development of Zhanjiang's marine ranches.

KEYWORDS

Marine Ranch+, Financing Model, Industrial Clusters, Industrial Integration

CITE THIS PAPER

Xiyan Zheng, Mei He, A Study on the Financing Model of 'Marine Ranch+' Industrial Cluster in Zhanjiang City. Financial Engineering and Risk Management (2024) Vol. 7: 127-133. DOI: http://dx.doi.org/10.23977/ferm.2024.070119.

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