CHINAUS AFRICAASIA 中文双语Français
Business\Industries

Chinese bio-industry output to reach $1.5 trillion by 2022: report

Xinhua | Updated: 2017-11-08 09:47

TIANJIN -- The output of China's biological industry is expected to reach 10 trillion yuan ($1.5 trillion) in 2022, a report said Tuesday.

The compound annual growth rate of the bio-industry in China has been over 15 percent since 2011, according to a white paper on the industry jointly released by Tianjin Institute of Industrial Biotechnology and Chengdu Library and Information Center, both affiliated with Chinese Academy of Sciences.

Last year, the scale of the industry stood at about 4 trillion yuan. Output of fermented products ranked first in the world, and bio-energy substitutes in China are at the world's forefront.

The report also said China's bio-industry had seen enhanced innovation and improved technology.

BACK TO THE TOP
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US