· Status Quo

The main business income for 28+ marinebiotech-related enterprises in Weihai is projected to reach over CNY 11 billion with 24,000 practitioners, driven by the rising global focus on environmental sustainability and the ensuing increase in investments in marine biotechnology research. Effervescent technology developments and the resulting availability of a diverse range of marine derived products have helped spur growth in this industry.  The prosperity of the marine industrial system in Weihai has been manifested based on marine biomedicine, marine health products, marine bio-fertilizers, marine bio-materials, marine life condiments and marine bio-cosmetics.

· Ascending

Weihai-based industrial enterprises avail in every aspect the development of marine-derived extracts and compounds that have the capability to significantly impact the field of cosmetics, pharmaceuticals, fine chemicals, nutritional supplements, and agrichemicals etc. By studying marine organisms and resources, companies in Weihai seek to provide potential solutions to address challenges related to food security, healthcare, industrial activities, environmental sustainability and preservation of marine resources that are increasingly being used in food, agriculture and cosmetic industries.