China’s first stem cell company, founded in 2009, is Guangzhou Saliai Stem Cell Science and Technology Co., and member of the Guangdong Stem Cell and Regenerative Medicine Association. Guangdong Province has invested about 200 million Yuan in this field over the past two years. The alliance is intended to facilitate international exchange in a field of industry which is valued at 100 billion $ by 2020.

CAS news release, April 2, 2016