This mission is led by the Honorable Catalan Minister of Business and Knowledge, Jordi Baiget, and by the honorable Catalan Minister of Territory and Sustainability, Josep Rull.
The main objective of the mission is to establish and strengthen business relations with China and Hong Kong. For participating companies in the biotechnology sector and medical devices, ACCIÓ is organizing a specific program that includes one-to-one and joint meetings with Chinese and Hong Kong companies and institutions.
It is aimed at companies or entities with a project or with interest in China, within the following fields of action: pharmaceutical laboratories, technologic centers specialized in healthcare and life sciences, medical and surgical tools, ICT health, articles and orthopedic appliances, X-ray devices and in vitro diagnostic reagents.
The biotech sector in China received more than $ 2 billion in state aid over the period 2011-2015, aiming to increase available resources to boost research into new therapies and medical equipment. For the next five years, the government will continue to support the development of companies in the sector through public aid and measures that facilitate the creation of a more favorable investment climate for the entry of knowledge and foreign capital.
On the other hand, due to the high investment required in this type of research, the Asian country is postulated as a good alternative because of its low costs. In addition, foreign bio-pharmaceutical companies currently have an excellent image in the Chinese market.
As for medical devices, China is one of the most promising markets in the world, ranked fourth behind the US, Japan and Germany. It is estimated that the sector will grow until the year 2020 at an average annual rate of around 15%. Thus, several sources estimate that in 5 years China will reach second place in the world.
The cost of participation in the mission is € 3,500* and includes:
Flight Barcelona - Shanghai - Hong Kong - Barcelona
Transfers airport - hotel - airport and internal transfer in groups
3 nights hotel in Shanghai and 2 nights hotel in Hong Kong
Agenda with one-to-one and joint meetings according to the necessities of the company
Participation in the institutional event during the mission
Coordination of all activities by teams of ACCIÓ in Barcelona, Shanghai and Hong Kong
*Participating companies could enjoy an aid * of €1,322,22 in travel bag (according to regulations). The number of travel bags is limited and will be granted by order of registration. The grant of this aid is subject to the approval of the budgets of the Catalan Government.