date:Mar 21, 2013
million jobs. That would coincide with an estimated 2 trillion yuan ($321.8 billion) in government spending to enhance environmental protection, nutrition, health care, disease prevention, and food and drug safety.
Globally, the genomics market is expected to reach $100 billion in the next decade, Forbes magazine reported.
BGI's purchase of Complete Genomics fits nicely with China's desire to grow biotechnology, Genetic Engineering and Biotechnology News said in an analysis of the transaction