“…At the end of the year, the Ministry of Industry and Information Technology, the Development and Reform Commission, the Ministry of Science and Technology, the Ministry of Finance, the People's Bank of China, the SASAC, the CBRC, and the SOA jointly organized and prepared the "Action plan for sustainable and healthy development of offshore engineering equipment manufacturing industry (2017-2020)". These proposed measures included optimizing the industrial innovation mode, optimizing the industrial chain layout, accelerating product structure adjustment, and vigorously cultivating core advantageous products to ensure the sustainable and healthy development of the industry [30]. In 2018 and 2020, only six and two policies, respectively, were issued around the intellectual transformation, financial services, and insurance compensation of the offshore engineering equipment industry.…”