China's bio-pharmaceutical output exceeds 2t Yuan in 2013

28th March 2014

The production value of China’s bio-medicine industry amounted to 2.1 trillion yuan ($338.8 billion) in 2013, up about 18 percent year on year, the country’s top economic planner announced on Monday.

Zhang Xiaoqiang, vice director of the National Development and Reform Commission, said the country was accelerating its research and development of new medicines, new types of plants and animals and new material products.

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