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Guangzhou Lays Out Biopharma Welcome Mat In Investment Push

This article was originally published in PharmAsia News

Executive Summary

Guangzhou is planning to deepen investment in the biopharmaceutical industry and to formulate preferential policies and incentives to encourage tie-ups with multinational pharma firms. The provincial capital aims to develop the industry as a pillar sector that will contribute 15% of its GDP by 2025.

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