The output of China’s biological industry is expected to reach 10 trillion yuan (1.5 trillion U.S. dollars) in 2022. The compound annual growth rate of the bio-industry in China has been over 15 percent since 2011, according to a white paper on the industry jointly released by Tianjin Institute of Industrial Biotechnology and Chengdu Library and Information Center, both affiliated with Chinese Academy of Sciences.
IL BIOECONOMISTA 