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China's biotechnology industry is growing fast. The country's government plans to invest 5 billion yuan (US$604 million) between 2000 and 2005 in the sector, and the science ministry claims that as many as 20,000 researchers work in the life sciences in China.

But the speed with which China's industry expands is provoking both wonder and anxiety from the outside world, this article in The Economist reports.

And for all the strengths of its biotech industry, China faces various funding, management and regulation challenges in the years ahead.

Link to article in The Economist