Chi­na has a $1.45B plan to build up its biotech hubs — and of­fi­cials are mov­ing fast

When the Chi­nese gov­ern­ment sets its sights on a 5-year busi­ness de­vel­op­ment plan, you can al­ways be sure that of­fi­cials are will­ing to in­vest heav­i­ly in in­fra­struc­ture to make things hap­pen.

And they don’t waste time.

Ear­li­er this week, Zhang Zhaofeng, a di­rec­tor of so­cial de­vel­op­ment in Chi­na’s Min­istry of Sci­ence and Tech­nol­o­gy (ap­pro­pri­ate­ly ab­bre­vi­at­ed to MOST) was quot­ed ex­ten­sive­ly in Chi­na’s me­dia with his out­line of a plan to build 10 to 20 new biotech re­search cen­ters in the coun­try — by 2020.

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