China's big biotech bet starting to pay off


  • TECH
  • Wednesday, 10 Jun 2015

BLAZING AHEAD: Researchers working at a laboratory at a genomics organisation in Tianjin, China. The vast resources China can throw at research and development allow China to jump quickly on promising new technologies, often first developed elsewhere.

SHANGHAI/LONDON: Years of pouring money into its laboratories, wooing scientists home from overseas and urging researchers to publish and patent is starting to give China a competitive edge in biotechnology, a strategic field it sees as ripe for "indigenous innovation." 

The vast resources China can throw at research and development – overall funding more than quadrupled to US$191bil (RM714.95bil) in 2005-13 and the Thousand Talents Programme has repatriated scientists – allow China to jump quickly on promising new technologies, often first developed elsewhere. 

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