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<ul><li>China has launched its first five-year plan for the development of biotechnology economy, vowing to raise the value of the sector to 22 trillion yuan ($3.3 trillion) and nurture more companies with revenues upward of 10 million yuan</li><li>The landmark document from China’s top state planner is the first for the biotech sector to move beyond research and development and focus on the economic development and commercialization of such technologies</li><li>Specifically, it aims to increase the number of firms in the field with annual revenue of more than 10 billion yuan</li></ul>

China has launched its first five-year plan for the development of biotechnology economy, vowing to raise the value of the sector to 22 trillion yuan ($3.3 trillion) and nurture more companies with revenues upward of 10 million yuanThe landmark document from China’s top state planner is the first for the biotech sector to move beyond research and development and focus on the economic development and commercialization of such technologiesSpecifically, it aims to increase the number of firms in the field with annual revenue of more than 10 billion yuan

China Launches First ‘Bioeconomy’ Five-Year Plan

China

SSE Science and Technology Innovation Board 50 Index consists of 50 securities with largest market capitalization and good liquidity listed on SSE Science and Technology Innovation Board. The index aims to reflect the overall performance of leading technological innovation-based enterprises’ securities.

SSE STAR50 (STAR50 INDEX)

China Launches First ‘Bioeconomy’ Five-Year Plan

China has launched its first five-year plan for the development of biotechnology economy, vowing to raise the value of the sector to 22 trillion...

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