Beijing is betting big on biotech as a key sector in its - Made in China 2025' industrial strategy

Beijing is betting big on biotech as a key sector in its - Made in China 2025' industrial strategy


Under pressure to address the nation's huge unmet health care needs and to build an internationally competitive and innovative pharmaceutical industry as part of a wider economic restructuring, Beijing has listed biotechnology as one of 10 key sectors for development under its "Made in China 2025" industrial strategy. WHAT IS BIOTECHNOLOGY? Biotechnology "harnesses cellular and biomolecular processes to develop technologies and products that help improve our lives and the health of our planet", according to BIO, the world's largest trade association representing the industry.



from Biotech News