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China unveils stimulus measures for bioindustry?

(Xinhua)
Updated: 2009-06-06 14:08

BEIJING -- The State Council, China's cabinet, has publicized measures to boost biological industry, said an announcement posted on China's central government website Friday.

The measures, Policies to Accelerate Biological Industry Growth, consist of 33 items in ten parts, involving targets of the policies, key fields in biological industry, technology innovation, attracting talents and providing fund support.

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The new policies have been made to implement China's medium- and long-term bio-industry development plan and the 11th five-year plan for biological industry growth, said the announcement posted on www.gov.cn.

The measures aim to foster bio-industry as a pillar industry in high technology and a booming strategic industry in China, the announcement said.

The key fields for modern biological industry include bio-medicine, bio-agriculture, bio-energy, bio-products and biological environmental protection technology.