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The 8th China Pharmaceutical Innovation and Investment Conference was held in Suzhou
Date:2023-09-27

On the 25th of May, the 8th China Medical Innovation and Investment Conference was held in Suzhou Industrial Park. He Wei, Vice Chairman of the 14th National People's Congress Standing Committee and Chairman of the Central Committee of the China National Agricultural Workers' Democratic Party, delivered a speech. Yu Xubo, Chairman of China General Technology (Group) Holding Co., Ltd., was in attendance, and Wu Qingwen, Vice Secretary of the Suzhou Municipal Committee of the Communist Party of China and Mayor, also delivered a speech.

In his address, He Wei emphasized that China's biopharmaceutical industry is embarking on a new journey and facing new challenges. He called for an open exploration of technological pathways to drive technology industrialization to a global forefront level and harness the transformative and radiating effects of the biopharmaceutical industry. He stressed the need to strengthen the development of the biopharmaceutical innovation and industrial chains, recognizing the unique characteristics of the sector. Biopharmaceuticals have become a major focus of traditional pharmaceutical transformation and upgrading, as well as a strategic high point in the new wave of technological and industrial revolution. China should not only consolidate its position in the developed pharmaceutical market but also provide high-quality drugs to countries participating in the "Belt and Road" initiative, fostering a more balanced and equal global development partnership that serves the common interests of humanity.

Wu Qingwen stated that in recent years, Suzhou has diligently implemented the spirit of General Secretary Xi Jinping's important instructions on Jiangsu and Suzhou, focusing on achieving self-reliance and strength in high-level technology, and continually deepening its commitment to the biopharmaceutical industry. Suzhou has become one of the cities in China with the closest integration of openness and innovation, innovation and industry, and industry and capital. He expressed the hope for deep and meaningful exchanges and cooperation between experts, scholars, entrepreneurs, and Suzhou. The city is determined to provide stronger policy support, a more sophisticated innovation system, and more efficient business-friendly services to promote industry and capital integration, and accelerate the creation of an internationally competitive and globally influential biopharmaceutical innovation cluster, solidifying Suzhou's position as the "Chinese Pharma Valley."

The China Medical Innovation and Investment Conference, initiated by the China Medical Innovation Promotion Association in 2016, has become a high-level platform for dialogue between the medical and investment sectors. This event has been successfully held in Suzhou for seven consecutive sessions. The conference's mission is to "promote the combination of social capital and medical innovation, and enhance the capacity for medical innovation." It focuses on industry policies, global pharmaceutical research and development trends, and investment and financing trends, serving as an authoritative, professional, and multidimensional platform for dialogue and communication between industry leaders, experts, scholars, domestic and international medical innovation companies, and investors. It is known as the "most influential medical innovation and investment cooperation platform in the Asia-Pacific region." This year's conference features eight professional forums and six themed roadshow sessions, covering the entire pharmaceutical industry value chain from the source of capital to the final implementation, addressing key industry issues.

Suzhou Municipal Committee of the Communist Party of China Standing Committee and Party Working Committee Secretary Shen Mi, and Deputy Mayor Zhang Qiao, also attended the meeting.


Source: Suzhou Daily

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