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Published on: May 18, 2020
Biotechnology in China - regulation, investment, and delayed commercialization
1College of Economics and Management, Jiangxi Agricultural University, Nanchang, Jiangxi, China.
Abstract:
China has been investing heavily in biotechnology to increase agricultural productivity. While a number of Chinese developed GM crops have cleared the required scientific hurdles - some more than a decade ago - commercialization has not been approved. The regulatory regime for GMOs in China is relatively less well understood than that of the US or the EU. This paper provides a systematic overview of China's regulatory regime, R&D investment and delayed commercialization decisions on biotechnology over the last 40 years and draws some conclusions regarding the likelihood of the commercialization for major GM crops in the future.
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