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Guangzhou Issues 15th Five-Year Plan for Marine Economy, Targets Marine Energy

Published: Updated: By 24TopNews Editorial Desk

The Guangzhou Municipal People's Government General Office has issued the 15th Five-Year Plan for the city's marine economy, setting out measures for marine energy and marine pharmaceuticals and biological products. The plan calls for developing marine energy, focusing on megawatt-scale wave power devices and closed-cycle ocean thermal energy conversion systems, and promoting integrated marine energy applications in deep-water cage aquaculture, island water and power supply, offshore hydrogen production, and undersea data centers.

The Guangzhou Municipal People's Government General Office has issued the 15th Five-Year Plan for the Development of Guangzhou's Marine Economy, setting out arrangements for the marine energy industry and for marine pharmaceuticals and biological products. The plan calls for vigorously developing the marine energy industry and for accelerating the emergence of the marine pharmaceuticals and biological products sector.

In marine energy, the plan specifies a focus on mastering core technologies for megawatt-scale wave power generation devices and closed-cycle ocean thermal energy conversion power generation systems, and on clustering the development of new energy and new energy storage industries.

The plan proposes an innovative "marine energy plus" integrated development model, advancing integrated research, development, and operation and maintenance of marine energy with deep-water cage aquaculture, island water and power supply, offshore hydrogen production, and undersea data centers. The plan also calls for accelerating the emergence of the marine pharmaceuticals and biological products industry. These arrangements cover marine energy technology research, industrial clustering, and integrated applications, as well as the development of marine pharmaceuticals and biological products.

24TOPNEWS IMPACT INTELLIGENCE

Why this event matters

The event has a measured impact on 5 industrys. The strongest current signal is positive for Wind & Solar Power, with intensity 70/100 and 75% confidence over a long term horizon.

Energy · 1.10

Wind & Solar Power

Direction
positive
Intensity
70
Confidence
75%
Horizon
Long term
Effective impact +34
Energy · 1.14

Batteries & Energy Storage

Direction
positive
Intensity
65
Confidence
70%
Horizon
Long term
Effective impact +30
Healthcare · 13.3

Biotechnology

Direction
positive
Intensity
60
Confidence
65%
Horizon
Long term
Effective impact +25
Healthcare · 13.1

Pharmaceuticals

Direction
positive
Intensity
55
Confidence
60%
Horizon
Long term
Effective impact +21
Manufacturing · 6.10

Shipbuilding

Direction
positive
Intensity
50
Confidence
60%
Horizon
Long term
Effective impact +20

Impact figures are analytical estimates that combine direction, intensity, confidence and event importance. They are not investment advice.