Study On The Imbalance And Optimization Of The Economic Interests In The South China Sea

Economics is the Science of Resource allocation.Right allocation has an important impact on resource allocation.Configuration right is configuration performance.The United Nations Convention on the Law of the Sea,adopted at the third United Nations Conference on the Law of the Sea,has established a new and modern legal regime for the oceans and has taken a step forward in optimizing the use of ocean resources.But the blue-land movement,characterized by privatization,has also brought new problems.The rational utilization of marine resources and the development of marine economy are the guarantee of China's sustainable economic development.With the improvement of marine economic value,more and more countries begin to pay attention to the development of ocean and expand their own maritime rights and interests,Try to strive for flexibility in unspecified matters.Maritime disputes,such as the South China Sea Arbitration case launched by the Philippines in 2016,have attracted increasing attention..The South China Sea dispute is one of the most difficult and complicated disputes that our country faces at present.It is caused by both historical and realistic reasons.By analyzing the origin and present situation of the South China Sea dispute,we can see that there is a serious imbalance in the economic interests of our country in the South China Sea,that is,the historical interests can not be effectively continued and protected,and the interests in reality are restricted by the United Nations Convention on the Law of the Sea.At present,with the gradual strengthening of "hard power" in China,strengthening the actual control over the South China Sea and safeguarding the marine economic interests of China's South China Sea have become the general trend.It is necessary to combine with "soft power" to establish theoretical self-confidence and road confidence.In the framework of relevant international and domestic law,better through competition and cooperation to safeguard and strive for their own economic interests..In order to solve this problem,according to the nature of the Convention and the "dash Line",this paper analyzes the exclusivity of marine economics interests in different areas of the South China Sea from the angle of institutional economics,especially property rights economics,According to its exclusiveness,it is divided into marine interests with property attributes of private goods,club goods and public goods.From the angle of property rights,different maintenance measures are put forward in view of the property attributes of different marine interests.At the same time of safeguarding our country historic rights interests,we can enhance the effective control of realistic interests.