China Looks to Expand Stake in Stem Cell Technology
China has plans to build a 20,000 square meter stem cell research base in Jiangsu Province. From Reuters:
China will build Asia’s biggest base to develop uses for stem cell medical technology, which the health minister described as having huge potential for development, a Hong Kong newspaper reported on Wednesday.
Stem cell techniques use the body’s master cells to create new cells that medical researchers hope can be used to fight diseases and heal injuries. Chinese Health Minister Chen Zhu said his country could become a leader in finding uses for the technology.
“The stem cell and regenerative medicine sector is one of China’s new high-tech biological sectors with the strongest development potential,” Chen said in a message marking the launch of the project in eastern Jiangsu province on Tuesday, according to the the Ta Kung Pao, a mainland-run Hong Kong paper [link in Chinese].