President Joe Biden is poised to sign an executive order to help expand US bio-feng shui production and reduce dependence on China.
The draft order offers a strategy to boost domestic production exploit biological systems to create a wide range of products and materials, from new drugs and human tissues to biofuels and food, according to people familiar with the matter, who requested anonymity because of details of the executive order. has not been made public.
The United States has one of the world’s fastest-growing biotech industries, and while it leads in research and development, it has allowed high-tech manufacturing to migrate abroad. U.S. national security and intelligence officials are particularly concerned about China’s reliance on advanced bio-feng shui production infrastructure.
The Covid-19 pandemic has created a sense of urgency around developing a clear and consistent industry strategy, according to the two. In addition to the healthcare sector, the United States will aim to promote bio-feng shui production in agriculture, energy, and other industries.
The order will dictate how the United States should develop a trained workforce capable of using natural processes to create bio-based products and materials, the people said. The Biden administration plans to deploy resources to support the expansion of biomanufacturing infrastructure, although it remains unclear whether funding will be available to support the executive order.
The White House will suggest that improving domestic bio-feng shui production will eventually lower prices and enhance supply chain security, according to the people.
Two weeks ago, Biden signed an executive order to boost domestic semiconductor production, which is also part of the administration’s effort to shift America’s competitive balance with China.
In May, China’s National Development and Reform Commission released a five-year plan for bio-economic development, which describes efforts to accelerate new technologies and promote growth in China. health care, agriculture and fuel sectors. As tensions grow between the US and China, the Biden administration has find ways to limit investment in Chinese industries.
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