The enterprises of the university with the distinct special-
 -ities as their base and the research results as their  source
 have gained rapid development in recent years.With  the  newly
 built Huahai Pharmaceutical Factory as a leader,there  are now
 more than 40 entities which are joint-venture enterprises, run
 by the university or by the colleges or  departments  Speeding 
 up the turning of  scientific research results into productive 
 force,the university has achieved both economic and social ef-
 -fects in such fields as marine drug development andproduction
 aquaculture,mineral resources exploitation industrial waste p-
 -rocessing marine bio-materials development,fine chemicals de-
 -velopment mechanical and electrical engineering and informat-
 -ion service.

     the development of school-run 
  enterprises has promoted the co-
  -mbination of research and prod-
  -uction and has strengthened the
  linking between  the  university
  and the society .It has also br-
  -ought along the Industrial dev-
  -elopment and production of  PSS
PSS and other marine drugs       has given rise to the new indus-
developed by PresidentGuan Huashi -try of marine drugs in china a-
 -nd has created favorable conditions for  the  development of
 school-run enterprises.