Scientist: biotechnology to account for 5 pct of China’s GDP in 2020

From People’s Daily:

A leading Chinese life scientist estimated that the output of China’s biotechnology will hit two trillion yuan (250 billion U.S. dollars), or 5 percent of GDP, in 2020.

China would enter the top five countries in the world in terms of biotechnology industry scale, Zhang Yaping/张亚平, a member of the Chinese Academy of Sciences/中国科学院(CAS), in a speech at the ongoing Nobel Laureates Beijing Forum 2006.

…Biotechnology industry has listed as one of the key areas for China’s and in the next 15 years, according to the guidelines on national medium and long-term programs for science and technology development (2006-2020), issued by the State Council /ÂõΩÂä°Èô¢earlier this year. this year. [Full Text]

Learn about China key hi-tech project of “863 Project/“, Including biotechnology.

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