I am absolutely delighted about this. $40 million has been invested into maritime archaeology work in China, led by Zhang Wei of the National Museum of China. After receiving training from Texas A&M, Wei removed an 800 year old sunken merchant ship, dubbed South China Sea No. 1, and moved it to the Maritime Silk Road Museum in Yangjiang.
I did some research into Chinese maritime archaeology, specifically the Opium Wars, back in 2007. While all the museums were very nice to me and helpful, maritime interests didn't seem to be fully developed. This new investment by the government is definitely a step in the right direction.
Read more about Zhang Wei's work here.