The Fifth Shanwei Development Conference convened on January 15, drawing nearly 300 industry leaders, experts, and business professionals. The event saw the signing of 88 projects with a total investment of 19.788 billion yuan, providing new momentum for marine economic growth and high-quality development in Shanwei.
In recent years, Shanwei, situated along the eastern coast of Guangdong, has prioritized its marine economy, with the output value of marine industries increasing from 18.596 billion yuan in 2020 to 30.259 billion yuan in 2024—an average annual growth of 12.9%—now representing 20% of local GDP. The number of registered businesses doubled during the 14th Five-Year Plan period, a key national development blueprint from 2021 to 2025, and the permanent population surpassed 2.7 million.
Shanwei plans to establish itself as a hub for industrial collaboration in the Greater Bay Area, a center for emerging marine industries, a key development node on the eastern coast, and a model for revitalizing old revolutionary base areas. The city offers a favorable business environment, supportive policies, and cost advantages, including flexible land supply models to lower initial investment barriers for enterprises.
The newly signed projects cover key sectors such as new energy vehicles, marine engineering equipment, marine energy, marine ranching, and coastal tourism. These investments are expected to foster new growth drivers and inject strong momentum into Shanwei's high-quality economic development.
Conference participants also engaged in thematic discussions and conducted field visits to coastal tourism and marine technology sites, further consolidating consensus on promoting the integrated regional development of the marine economy.
Author | He Fengyu
Photo | Nanfang Plus
Editor | Wei Shen, James Campion, Shen He
