Binhai is now forming a biomedical industry chain covering the modernization of traditional Chinese medicines as well as the development and production of biomedicines and chemical medicines.
By 2015, the sector’s revenues will reach 80 billion yuan,?three percent of the total in Binhai. New medical research and development, research outsourcing, and medical equipment development will be the major sectors for the industry. Three industrial parks will be established for the industry.
