China Launches Policy on Accelerating Development of Bioindustries
May 15, 2009| |
China launched a "Policy on the Acceleration of Bioindustry Development" in a State Council executive meeting presided by Premier Wen Jiabao on May 13, 2009. According to the policy, agriculture, energy, manufacturing, environment and medicine will be developed as the five key bioindustries. The strategies for bioindustry development include: bio-enterprises expansion, innovation, capability building, financial support, market development, genetic resource protection, and biosafety regulation.
During the meeting, it was reiterated that government will invest RMB32.8 B (US$4.95 B) this year and another RMB 30 B (US$4.4 B) in 2010 for 11 science and technology programs which includes one on GM variety development approved in 2008.
Read the press release at http://news.xinhuanet.com/newscenter/2009-05/13/content_11368338.htm. For more information about Chinese bioindustry, contact Prof. Zhang Hongxiang of the China Biotechnology Information Center at zhanghx@mail.las.ac.cn
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