Did you know?
ChinaBio® LLC is a consulting and advisory firm that helps Western companies come to China. We assist our clients with China strategy development, market research and analysis, partner/technology searches, competitive surveys, and market entry planning.

>> Learn more…
Site Search

>> Advanced Search

  Quick Search:

Free Newsletter

  Email address:

China’s State Council Reiterates Support for Biotechnology

publication date: May 30, 2012
View a Printer Friendly version of this page, allowing you to print the page. Send a summary of this page to someone via email.
The State Council of China said it will increase support for seven high-technology industries – including biotechnology – as a way to stimulate growth in its economy. After all, growth is at a three-year low. In 2012’s first quarter China’s gross domestic product increased at only an 8.1% rate, anemic by China’s standards. The slowdown has caused speculation the country will announce a stimulus to rev up the economy. But a straight-out stimulus gives rise to criticism that China is creating artificial growth in an economy that has lost momentum. To avoid that, China may concentrate its investment in its seven favorite industries. Then the stimulus becomes a way of achieving its long-term goals while it also gives a short-term boost to the economy. More details....

Share this with colleagues:  

This article is available for purchase - please click here for details.

Sorry... this feature or article is only available to subscribers.

>> Learn more about our subscription plans...

>> Free email newsletter...

>> Login...



Partner Events

China Medical Affairs Summit
June 12-13, 2014
Shanghai, China

>>More events...
Our Partners
Annual Sponsors
Official Partners
Supporting Partners
Media Partners