(Yicai Global) Sept. 23 -- Southern China's Shenzhen plans to become a global center of maritime business by establishing a group of institutions, including an international tuna marketplace, a designated university, as well as two maritime and deep-sea research institutions.

Shenzhen will also strive to establish a specified maritime court and an international marine development bank, Xinhua News Agency reported, citing Yang Hong, a high-level official from the city's municipal government.

In June, Shenzhen revealed its target of becoming a global center of ocean-based industries by 2035. 

The city already hosts the China Marine Economy Expo and the next one has guaranteed media attention as China will release its annual marine economic report for the first time at the expo, according to Wang Hong, director of the State Oceanic Administration. China National Offshore Oil, BP, and Royal Dutch Shell will participate in the event which will be held from Oct. 14 to Oct. 18.

Editor: Emmi Laine