ReleaseWire

Industrial Biotechnology China News 1004

Posted: Friday, January 21, 2011 at 1:57 PM CST

Dallas, TX -- (SBWire) -- 01/21/2011 -- Adjustment of RMB exchange rate has been an global focus problem for recent two months. Foreign countries keep on criticizing Chinese monetary policy and pressing Chinese government to raise RMB exchange rate.

In response, Chinese government firmly reiterates that China would keep RMB exchange rate in stable, which will not only boost China’s economic development but also plays an important role in global economic recovery. Furthermore, Chinese government promises to further improve national financial information system for improving current global economic situation.

Stable RMB exchange, in fact, plays an important role in accelerating sustainable development of industrial biotechnology related industries, for most domestic biomaterials and some new bio-based chemical products are for exportation. Therefore, stable RMB exchange might help reduce operational risks of these merging industries.

1 NDRC approves Sinopec’s fuel ethanol project
1 Wuhan Kaidi optimistic to energy forests

2 Hunan Jiurong to accelerate energy forest project

3 A shocking report on drainage oil
3. Henan Tianguan to produce cassava-based fuel ethanol
Bio-products

4 NDRC strengthens support to domestic enzyme industry

5 A new agricultural technology from BTRC
5 Controversy over transgenic phytase corn

6 Venture capital companies hold high promise on Beijing Goldenway.
Bio-based chemicals
6 Ningxia Wansheng to produce alginate oligosaccharide by fermentation.

7 Overview of Chinese xanthan gum production in 2010
Bio-materials

9 Lukang to invest in PHA

10 Jiuding Biological advances PLA expansion
10 Sinolac Biotech upgrading lactic acid production lines

11 NUT to produce PGA by fermentation
News in brief.

12 Guofeng Bioenergy successfully transfers share
12 Chayouzhongqi Banner holds meeting on bio-diesel base construction
12 Xinjiang bio-diesel to appear on the market in late April
12 Third International Advanced Materials (Chengdu) Summit to be held in May
12 BBCA Biochemical improves business by lowering energy consumption
12 Fuxin city to initiate sweet sorghum based ethanol project

13 Epichlorohydrin synthesis blazes a new way
13 Shenyang to build about 1,000mu diesel forest
13 Wuhan Kaidi gains USD1.5 billion comprehensive credit line from ABC
13 Shen Yinchu wins award of significant contribution to science and technology

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