160 new biological technologies to be dealt with in Jiangsu province, the province will start supporting biological industry development plan in the near future

As a sunrise industry, the bio-industry is rapidly developing globally. However, from the April 11 Jiangsu Bioindustry Development Forum, the following information was reported: At present, there are 160 biotech new technologies in Jiangsu Province that are still being “married” in universities and research institutes.

It is understood that there is no shortage of new biological technologies and new achievements in Jiangsu. In the province’s latest “Science and Technology Achievements Compendium”, more than 160 new biological technologies and new products developed by universities and research institutes in the province are involved, covering medicine, sewage treatment, and comprehensive utilization of municipal solid waste. The prospects of these new biotechs seem to be good, such as the use of Jerusalem artichoke fermentation grown in both north and south China as fuel ethanol feedstock technology, production of chemical raw materials using genetic recombination, cell fusion technology, and transformation of "three wastes" with biotechnology.

However, there is currently no connection between these new biological technologies and new achievements and companies. According to statistics, there are 153 bio-enterprises in Jiangsu Province, of which 70 are privately-owned enterprises. Overall, these enterprises are generally small-scale, have low-level product technology, and urgently need new technologies with promising market prospects. On the other hand, new biological products and new technologies developed by various universities and research institutes in Jiangsu Province are still struggling to find a home. The results have to be quietly waiting for words.

At present, the bio-industry is becoming another leading industry following the information industry. In the past decade, the world's biotechnology industry has developed rapidly, and the growth rate of biotechnology industry sales has reached 25% to 30%, which is 10 times the world economic growth rate. More than 30 countries around the world have proposed strategies for the development of the bio-industry. The United States, the European Union, Singapore, and South Korea have invested heavily to support the development of their bio-industries.

It is understood that the serious lag in the transformation of the biotechnology market in Jiangsu Province has caused the attention of the relevant departments in the province. Han Qinghua, deputy secretary-general of the Jiangsu Provincial Government and director of the Provincial Economic and Trade Commission, said that Jiangsu Province will start Jiangsu's support for the development of bio-industries in the near future, focusing on the development of genetically engineered drugs, antibody drugs, and fuel ethanol, biodiesel, biomass power generation, and biotechnology for wastewater treatment. Technological transformation in areas such as garbage. By 2010, there will be 600 bio-products in Jiangsu Province, 300 modern bio-enterprises, and two to three bio-industry bases worth over 10 billion yuan.

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