The Research on the Value Realization Mechanism of Marine Ecological Products in China
Abstract
Realization of the value of marine ecological products serves as an important approach to meet the growing needs of the general public for an ecologically sound environment. Through analysis of global research and practice on the value of marine ecological products, this study explores the types, accounting methods, and value realization approaches of marine ecological products in China. The results show that China’s marine ecological products are facing a number of problems, namely decreasing product quantity, lack of a unified authoritative accounting standard, absence of a complete trading market, and imperfect legal and institutional systems. Marine ecological products fall into two categories: public products and operational products. They consist of four types: coastal island-based human settlements, marine ecological security-related products, marine ecological materials, and marine cultural services. At present, there are six accountable products: clean seawater, climate regulation, marine ecological resources, fishing products, aquaculture products, and marine ecotourism and leisure products. To realize the value of marine ecological products, it is necessary to establish the following four systems for marine ecological products: (1) a government-led, enterprise-based, diverse product-supply system with wide participation of social organizations and the general public; (2) a unified authoritative value accounting system; (3) a land-sea integrated market trading system; and (4) a legal and institutional system.
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