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Background of Establishment

Bioeconomy is urgently required to address life safety and biosecurity issues.

It helps to improve people’s health and mitigate the impacts of public health emergencies.

Bioeconomy is the key to combat global hunger.

Biotechnology plays a crucial role in feeding 8 billion world’s population among which 828 million are still food insecure.

Bioeconomy is the pathway to a better environment.

It helps to mitigate global warming, preserve biodiversity, enhance ecological resilience and sustains human development.

Bioeconomy is the next economic growth point.

Biotech revolution is around the next corner and over 60 countries and regions have formulated their own bioeconomic plans and strategies.

China has a solid basis for initiating the International Bioeconomy Association, with its huge market potential, history of successfully feeding 10 billion+ population and experience in holding large intentional events.

In 2018, the IBA Preparatory Office was established in Peking University. As of now, IBA has acquired nearly 40 co-initiators from across the world.