Industry
Biotech industry in China started in 1984. By 1997, the number of Chinese biotech companies was about 200. In 2000 it was estimated, that the number of Chinese biotech companies increased to 600. In 2005 China's biotechnology industry increased to 900 modern biotech companies. China's biotech industry registered sales totaling US$2.4 billion in 2000, compared with US$ 31 million in 1986.
Read more about this topic: Biotechnology Industry In The People's Republic Of China
Famous quotes containing the word industry:
“That some should be rich, shows that others may become rich, and hence is just encouragement to industry and enterprise.”
—Abraham Lincoln (1809–1865)
“Change of fashion is the tax levied by the industry of the poor on the vanity of the rich.”
—Sébastien-Roch Nicolas De Chamfort (1741–1794)
“The Founding Fathers in their wisdom decided that children were an unnatural strain on parents. So they provided jails called schools, equipped with tortures called an education. School is where you go between when your parents can’t take you and industry can’t take you.”
—John Updike (b. 1932)