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September 21, 2005
And here comes biotech China
With currently 200 government-funded laboratories concerning biotechnological research, and 500 related companies, China is rapidly expanding its capabilities in the biotech sector. It needs to, as China is relatively still weak in the biotech sector (for instance compared to India).
According to the Minister of Science and Technology Xu Guanhua biotechnology will be put high on the PRC's scientific and technological development strategy as mentioned in Beijing yesterday. Its relatively modest research effort of USD 1.8 bilion in 10 years will most certainly change.
The world seems to more and more embrance biotechnology, except the EU of course. With the US alone accounting for 60% of all biotech patents, with Japan, India and China approaching- Brussels should react instead of countinuing its anti-GM policies.
Posted by Waldemar at September 21, 2005 04:53 PM