Shenzhen To Spend USD $900M Setting Up New Biopharmaceutical Park

Shanghai. August 7. INTERFAX-CHINA - Shenzhen government has startedplanning the establishment of a national biopharmaceutical industrialbase in the city. It will inject RMB 7.2 bln (USD 900 mln) into the project, which will beapproved by the National Development and Reform Commission (NDRC). Thisinvestment will come from both government and non governmental sectors."The Shenzhen industrial base is one of the three biopharmaceuticalindustrial bases approved by the NDRC,” an official in the generalaffairs department of Shenzhen Development and Reform Commission toldInterfax. The other two are in Changchun and Shijiazhuang.>>> Discuss This Story

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