Editorial Reviews:
Book Description Challenging global players, Chinese companies have begun to compete in lower-end bio-equipment, reagents, and consumables. China's biotech industry has emerged largely because of beneficial policy changes, increased program funding, low labor costs, and reorganization of China's science and technology system. Bio-related technologies have applications in a wide variety of industries. These industries are: 1. biopharmaceuticals, 2. new drug development, 3. lab supplies, 4. bio-services, 5. chemical and enzymes, 6. agri-and aquaculture, and 7. environmental products and services. Intellectual property and an underdeveloped capital market remain the largest barriers to biotech growth in China. A lack of management and investor seasoning is also a hindrance to foreign participation in China's biotech industry. Despite the sector's weaknesses, China's strengths -- low-cost, highly skilled technologists and scientists, a strong track record in life-science research, a high-quality returnee pool, advantageous policies and tax treatment, and China's entrepreneurial culture -- all indicate a promising future.
This digital document is an article from The China Business Review, most recently published by U.S.-China Business Council on June 30, 2005. The length of the article is 2748 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.
Citation Details Title: An Emerging Biotech Giant? Author: Matthew Chervenak Publication:The China Business Review (Feature) Date: June 30, 2005 Publisher: U.S.-China Business Council Volume: 32 Issue: 3 Page: 48-51,60
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