China bets on bio-manufacturing as new growth engine, bid for tech self-reliance

China is betting on bio-manufacturing to boost technological self-reliance and drive economic growth as part of the next five-year plan, elevating the sector on par with electric vehicles and semiconductors. Beijing is upgrading and expanding a nationwide bio-ecosystem, with 43 companies and research institutes selected in the first batch of pilot-scale manufacturing platforms for products ranging from biopharmaceuticals to food additives and enzymes to cosmetics, according to a statement from...