Source: China Daily

Innovative drugs using marine resources, which have proprietary intellectual property and huge market potential, will receive priority support from the Chinese government, according to a national maritime economy development initiative for the 13th Five-Year Plan period (2016-20) recently co-released by the National Development and Reform Commission and the State Oceanic Administration. Modern production of maritime resource-based traditional Chinese medicines and highly efficient, new marine bio-products are also included in the key sectors, according to the policy.