Tuesday, October 4, 2022
News
NEWS HOME
»
PRN INDIA
Xinhua Silk Road: E. China's Wuxi city steps up biomedical industry development
  SocialTwist Tell-a-Friend  
   

BEIJING, Aug. 8, 2022 /PRNewswire/ --  The 2022 Taihu Bay Future Healthcare Conference held Thursday in Wuxi City in east China's Jiangsu Province witnessed the launch of Wuxi Intellectual Property Protection Center with 52 biomedical projects contracted, involving a total of more than 30 billion yuan investment.

Photo shows 2022 Taihu Bay Future Healthcare Conference site

Biomedical industry is an important part of Wuxi's modern industrial system construction during the 14th Five-Year Plan(2021-2025) period. Its scale topped 140 billion yuan in 2021, a year-on-year increase of 24 percent, making Wuxi among the top 20  prefecture-level cities listed in China Biomedical Industry Barometer  in 2021.

Besides the property protection center, six biomedical industrial parks were licensed and three biomedical public platforms were inaugurated at the conference, which are expected to inject impetus to the development of Wuxi's biomedical industry.

The city will strengthen and expand its industrial chain to build a 200-billion-yuan modern biomedical industrial cluster, said Du Xiaogang, Secretary of the Wuxi Municipal Party Committee of CPC.

The biomedical industry started early in Wuxi. With good foundation, it has developed a relatively comp industry chain covering chemical raw medicine production, preparation production, and pharmaceutical service outsourcing, and gathered 1,278 biomedical companies such as AstraZeneca and WuXi Biologics AppTech, showing strong clustering effect.  

Aiming at building a world-class biomedical industry highland with distinctive characteristics, Wuxi not only issued a special policy tailored for the development of biomedical industrial parks, but also established a special fund for modern biomedical industry to reward breakthrough in the forward-looking technologies and innovation research. In 2021, Wuxi funded more than 32 million yuan for the science and technology development of 43 biomedical projects.  

Multiple fund agreements were signed at the conference, including a biomedical fund of 5 billion yuan jointly established by Guolian Group,  AstraZeneca, and  China International Capital Corporation Limited.

Original link: https://en.imsilkroad.com/p/329376.html

Photo -  https://mma.prnewswire.com/media/1873807/1.jpg

More News by PR Newswire India

CLO Virtual Fashion Announces the Acquisition of GoVise Technologies

Education Cannot Wait Announces US$11.8 Million Catalytic Grant in Haiti

DXC Technology Calls for Latest Innovations from Insurance Startups and Scaleups across Asia Pacific through the DXC Invitational

Global AdTech Company TripleLift Names Dave Clark as New Chief Executive Officer

Navneeth Sulakhe joins Innoviti as Senior VP Human Resource Management

KEI Wires & Cables Hosts Real Kabbadi League Season 2

Automation Anywhere Secures $200 Million in Financing from Silicon Valley Bank and Hercules Capital

2022 World Trade Centers Association Member Forum Returns to New York City for First Time in Two Years

TATA POWER REINFORCES COMMITMENT TOWARDS GREEN ECOSYSTEM CONSERVATION ACROSS ITS RENEWABLE SITES

Azure Power wins the prestigious Golden Peacock Award for Sustainability

FANDOM ACQUIRES LEADING ENTERTAINMENT & GAMING BRANDS INCLUDING GAMESPOT, TV GUIDE AND METACRITIC

National Engineering Industries Ltd (NBC Bearings) honored with 'Iconic Brands of India 2022'

Celebrating Glorious 35 Years of BIMTECH

HABANOS, S.A. PRESENTED THE MONTECRISTO WIDE EDMUNDO IN WORLD PREMIERE IN SPAIN

Sanjay Ghodawat Foundation awarded The Mahatma Award 2022

STL announces Gram Galaxy - India's first integrated solution to connect villages with fibre

DEBIOPHARM REINFORCES THE BOND BETWEEN SWISS AND JAPANESE CANCER RESEARCH WITH THE 2022 JCA MAUVERNAY AWARD CEREMONY

Healthium Medtech amongst the first in Asia and first Indian Medtech Company to receive CE certification under the EU MDR (European Union Medical Device Regulation) norms for Class III implants

Jagadguru Kripalu Parishat holds Grand Rath Yatra on 3rd October 2022 near Kunda, Pratapgarh in honor of the 100th Birth Anniversary of Jagadguru Shri Kripalu Ji Maharaj

Addteq APAC Announces Rebranding, Changes Name to Enreap

Karwa Chauth 2022: FlowerAura Is All Geared Up To Enhance The Celebrations

DMCC AWARDED GLOBAL FREE ZONE OF THE YEAR FOR EIGHTH CONSECUTIVE YEAR

New Book Property Tax in Asia Provides the First Comprehensive Analysis of the Property Tax Across the World's Largest Continent

UN WOMEN'S HeForShe EXPANDS MOVEMENT THROUGH KEY PUBLIC AND PRIVATE PARTNERSHIPS IN EAST ASIA

STL unveils 5G cosmos to help Indian telcos fiberise their networks for 5G

STL launches Multiverse - India's first Multicore fibre and cable; aims to revolutionize the optical landscape

Tejas Networks successfully demonstrates end-to-end network based on its indigenous 4G/5G wireless, optical and satellite products

IIIT Hyderabad and Silicon Labs Launch Campus-wide Wi-SUN Network for Smart City Applications

 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
INDIA WORLD ASIA
Bharat Jodo Yatra impact makes even RSS ...
Family accuses Bihar hospital staff of n...
Odia singer Murali Mohapatra collapses o...
Cong's Bharat Jodo Yatra completes 4th d...
J-K DG prisons HK Lohia found dead under...
Woman leaving husband's home before divo...
More...    
 
 Top Stories
Maha Navami 2022: Significance, puj... 
Winter sets in, higher reaches of U... 
India kick off U-17 Asian Cup 2023 ... 
UP CM Yogi to name 2 leopard cubs a... 
Dubai's new Hindu temple all set to... 
Shimron Hetmyer replaced by Shamarh... 
Google shuts down translation featu... 
Union Min Scindia, CM Baghel inaugu...