Qianwan investment
One of Shanghai’s three leading industries, biopharmaceuticals are rapidly gathering in the Hongqiao Qianwan area of Minhang. More than 10 major companies, including Innovent Biologics, Chia Tai Tianqing Pharmaceutical, Wego Group and Yunnan Baiyao, have established a presence there, with a total investment of nearly 20 billion yuan (US$2.7 billion).
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