The 13th five year plan for the development of China's biological fermentation industry -- opportunities and challenges coexist

With the progress of biotechnology and its penetration into other fields, a global revolution is moving towards bioeconomy. All major economic powers in the world regard biological manufacturing as a national strategy to ensure economic development, energy security and environmental friendliness, promote the formation of a strategic industrial system coordinated with the environment, and seize the competitive commanding height of the future biological economy.
The continuous support of national policies will create a good external environment for industrial development
The capital market pays great attention to the biological fermentation industry, which enhances the driving force of sustainable development
Changes in consumer market demand bring vitality to the development of biological fermentation industry
During the "12th Five Year Plan" period, the biological fermentation industry benefited from the strong support of a series of relevant industrial policies intensively issued by the state, and was able to fight quickly. Although the speed of industrial development slowed down in the last two years, a large part of the reason is that the country's overall economy has entered the new normal of development, and the biological fermentation industry has also entered the adjustment period of development. From the analysis of the general development situation and trend, the country is still full of confidence in the biological fermentation industry. As one of the national strategic emerging industries, the biological industry will inevitably continue to lead China's industrial structure adjustment and technological innovation. At the same time, because biological fermentation belongs to the category of corn deep processing industry, its position in protecting farmers' interests and developing rural economy determines the sustainability of development. Therefore, it can be predicted that during the "13th five year plan" period, the state will continue to give policy encouragement and support to the development of the biological industry.
With the continuous development of China's economy and society, the capital market is becoming more and more mature, including the main board of Shanghai Stock Exchange, the SME Board of Shenzhen Stock Exchange and the gem. And the multi-level capital market including the "new third board" market. In addition, relevant and overseas securities trading markets have further broadened the financing channels of Chinese enterprises. With the steady progress of the reform of China's medical system and the continuous introduction of national support policies for the development of strategic emerging industries including the biological industry, venture capital and capital market investment and financing will continue to be hot, and the development trend and scale of investment and financing in China's biotechnology industry will show a high growth trend. In the future, the investment and financing channels of biotechnology industry will be more diverse. Under the background of continuous breakthroughs in new technologies and changes in the mode of economic development, various fields of biomedicine, bio agriculture, bio manufacturing and bioenergy will face greater development opportunities in the capital market.
In addition, with the growth of economic aggregate and the improvement of income level, people's consumption concept is quietly changing, and the personalized, diversified, high-grade and green consumption demand has spawned a new application market. The diversity certificate number of biotechnology products caters to this consumption trend and provides a good market demand guarantee for product structure adjustment and the development of high value-added products.
Affected by the economic environment at home and abroad, the growth of biological fermentation industry has fallen into an unprecedented trough
Insufficient development of product application fields and lack of relevant supporting service system
Intensifying global competition
Affected by foreign markets, the export volume has been greatly affected in recent years, and the export growth has been at a low level. At the same time, the domestic downstream market demand is weak. Under the dual pressure of overcapacity and rising production costs, there is blind price reduction among enterprises, the price of bulk fermentation products has fallen all the way, and the enterprise income has declined significantly. Some enterprises operate at a loss, especially the single variety production enterprises have a difficult survival, and the industry is facing a reshuffle.
Although the output and trade volume of monosodium glutamate, lysine, citric acid and other products in China's bulk fermentation products have ranked first in the world, the output of starch sugar ranks second in the world after the United States, and high value-added amino acids, nucleosides, sodium gluconate, sorbitol, xylitol, yeast, enzyme preparations and other products have also developed rapidly. However, the development of new application fields of products is insufficient, and the market development is insufficient. Blindly carrying out a brutal price war in the existing application fields will damage the interests of the industry and is not conducive to the healthy development of the industry. At present, most of the production enterprises in the fermentation industry have insufficient investment in the application and development of products, and the service guarantee can not keep up with it. They lack a service system to provide customers with application formulas and related technical support, so the potential market competition is seriously insufficient, affecting the rapid development of enterprises.
Well known foreign biological manufacturing enterprises have established R & D centers and production bases in China, such as DSM, DuPont, Cargill, Novozymes, Ajinomoto and CJ, which not only compete with domestic enterprises in the product market, but also compete in many aspects such as talent and technological innovation. The industry is facing many pressures and hardships in its development, and most enterprises still need to actively adjust their development strategies to meet the challenges.
To sum up, there are still many key tasks to be done during the 13th Five Year Plan period if China's biological fermentation industry wants to flourish:
We should enhance the ability of independent innovation and promote the transformation of traditional manufacturing technology with high and new technology.
Guided by the market, guide the industry to base on resource advantages, promote industrial integration and interactive development, and improve the anti risk ability of the industry.
Promote the implementation of the product application chain system linkage project, and strengthen the in-depth development of product application fields; Promote cleaner production and strengthen environmental protection.
Strengthen the construction of standards and intellectual property system.
Encourage overseas investment in the biological fermentation industry with comparative advantages, and participate in international economic cooperation and competition.