Golden Opportunities for China’s Biotechnology Industry

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) March 9, 2011 -- The Chinese central government was reported to continue intensifying the demand for "energy-saving and emission-reduction" in the Twelfth Five-Year (2011-2015) Plan. This act is expected to help lead more investments into the bio-energy industry and bio-material industry in 2011-2015, because the development of these industries is beneficial to "energy-saving and emission-reduction" in turn.

In the aspect of bio-energy, CCM reports in Industrial Biotechnologies China News in March, 2011. A new production facility of cassava-based fuel ethanol located in Guangdong Province, owned by Guangdong Zhongneng Alcohol Co., Ltd., is waiting for the approval from National Development and Reform Commission. Also, a state-funded scientific research project ("973" Project) on microalgae-based biodiesel, was officially launched on February 2011, reflecting China's determination to classify the development of microalgae-based biodiesel industry as part of its Twelfth Five-year Plan for national energy development.

In the bio-material field, a questionnaire survey was conducted to reveal which is the largest application field for PLA resin at home and abroad. We also reveal the domestic demand situations for PPC resin and PHA resin at present.

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2011     Bioenergy     biomaterial     Biotechnology     ethanol     Guangdong Zhongneng Alcohol     microalgae biodiesel     policy