The Influence of Marine Port Finance on Port Economic Development

Abstract

Wu, H. and Fu, C., 2020. The influence of marine port finance on port economic development. In: Yang, Y.; Mi, C.; Zhao, L., and Lam, S. (eds.), Global Topics and New Trends in Coastal Research: Port, Coastal and Ocean Engineering. Journal of Coastal Research, Special Issue No. 103, pp. 163–167. Coconut Creek (Florida), ISSN 0749-0208.In order to strengthen the financial effect of the level of port economy on the regional open economy, the impact of marine port finance on the development of port economy is studied. From the three aspects of port economy and financial care, the supporting role of port economy on the marine port finance, and the financial support law of the development of international marine ports, the specific strategic deployment of port finance to promote the rapid development of port economy is determined. Six kinds of characteristic policies, i.e. joint policy guidance, perfect financial organization system, diversified investment and financing modes, financial product innovation, good financing environment construction, and building, are adopted to measure the fir index of financial related rate of marine ports. The final empirical research results show that, in the two levels of financial overview and financial measures, ocean ports will have a strong role in promoting the development of port economy. The former, as the guarantee premise for the further development of the latter, is not only a necessary condition for the implementation and popularization of international port finance, but also a mainstay to support the logistics and capital flow in and out of port areas.