To thoroughly implement the spirit of the 19th National Congress of the Communist Party of China, the 14th Five Year Plan of the country, the overall plan of the State Council to promote the construction of world-class universities and disciplines, and the Opinions of the Central Committee of the Communist Party of China on Accelerating the Construction of Philosophy and Social Sciences with Chinese Characteristics. Focusing on national major strategies such as "marine power", "land and sea integration", and "the Belt and Road", and focusing on the major strategic layout of high-quality development of national marine economy such as "coastal free trade zone", "marine economy pilot and demonstration zone", Shandong University of Finance and Economics, in conjunction with relevant research forces at home and abroad, officially established a teaching and research unit directly under the school in December 2020. The research institute has a postdoctoral research station in applied economics with a research direction of "Marine Economic Management", and a doctoral and master's research direction in the first level discipline of applied economics with a doctoral program in "Marine Economic Management".

The research institute relies on the interdisciplinary advantages of master's programs, doctoral programs, and postdoctoral mobile stations in economics, statistics, management, and information. It positions itself globally with a "global perspective, international standards, and leading edge" and determines its global coordinates with "strengthening characteristics, differentiated development, and key breakthroughs". Through the aggregation and cooperation of advantageous resources at home and abroad, with the fundamental goal of "cultivating virtue and talent" and the goal of "world-class", we will focus on conducting cutting-edge, original, and strategic research in the field of marine economic management. With "major projects, innovative teams, and international cooperation" as the backbone, we will strengthen disciplinary collaborative innovation, forge distinctive first-class teams, lead major breakthroughs in original achievements, and strive to create a new highland in the field of marine economic management research. We will improve the theoretical system, methodological system, and empirical system of China's marine economic development, accelerate the construction of China's characteristic marine economic management discipline system, academic system, discourse system, and blue think tank, fully play the role of "think tank" and "think tank", serve the overall work of the Party and the country, and serve the prosperous development of philosophy and social sciences.

The research institute has a high-level faculty team with a reasonable structure, rich experience, strong strength, and innovative development. A collaborative innovation team has been formed, with CAE Member and the Canadian Academy of Engineering as consultants and the national "Ten Thousand Talents Plan" leading talents. The team has high-level talents such as the national "Ten Thousand Talents Plan" leading talents, cultural celebrities of the Propaganda Department of the Central Committee of the Communist Party of China and "four groups" of talents, government special allowance experts of the State Council, Mount Taishan scholars in Shandong Province, and social scientists in Shandong Province. Hiring renowned experts and scholars from international and domestic maritime universities and research institutions as distinguished professors; A teaching and research team for the Ministry of Education's "Overseas Famous Teachers" program (2018-2022) has been jointly established with academicians from Ocean University of China and the Canadian Academy of Engineering.

Members of the internal team of the research institute have led and undertaken over 70 national and provincial-level scientific research projects. Among them: led 2 major projects and 2 key projects of the National Social Science Fund; Hosted and undertook 6 sub tasks of national key research and development programs, national marine public welfare projects, and national 863 projects; Hosted and undertook 13 projects, including those funded by other national social science funds and the National Natural Science Foundation of China; Hosted over 20 projects, including those funded by the Ministry of Education, the National Postdoctoral Fund, and Shandong Province; Hosted and undertook over 30 projects commissioned by local governments and enterprises. Published over 300 high-level articles in authoritative journals such as CSSCI, CSCD, SSCI, and SCI both domestically and internationally. Published over 20 academic works. The research results have been selected into the National Philosophy and Social Science Achievement Library and have won more than 50 honorary titles, including the Special Prize for Excellent Social Science Achievements in Shandong Province, the first prize of the 12th National "Excellent Book Report Award", and the second prize of the 14th National "Excellent Book Award". We have the landmark achievement in the field of marine economy and management at home and abroad, the "Blue Book of Marine Economy: Report on the Development of China's Marine Economy", and co edited the international journal Marine Economics and Management. We are the chairman unit of the Open Economy Professional Committee of the China Society for Quantitative Economics, a national level second level society, and the vice chairman unit of the Shandong Province (and Qingdao City) Marine Lake and Marsh Society.

Since its establishment, the research institute has received high attention from the Shandong Provincial Party Committee and Provincial Government. In September 2022, June 2024, and December 2024, leaders from the Shandong Provincial Party Committee and Provincial Government visited the institute for research and inspection, highly praised its achievements, and provided guidance for its future development.