SIP authorities are adopting a series of farsighted strategies based on global biomedicine development trends to build a world-class biomedicine cluster.
One of the strategies is to encourage SIP-based biomedicine businesses to strive for a leading role in their fields relying on continuous innovation. The local authorities therefore are offering a set of policy incentives for development of new biomedical products and technologies.
Another strategy is to create opportunities for local biomedicine businesses to gain experience, inspiration and support for their innovation. For example, the local authorities plan to organize more academic conferences and other events in the future for local biomedicine businesses to enhance exchanges with their peers and seek capitals and other resources worldwide.