China Plans $3.5 Billion GM Crops Initiative
Confronted with land degradation, chronic water shortages, and a growing population that already numbers 1.3 billion, China is looking to a transgenic green revolution to secure its food supply. Later this month, the government is expected to roll out a $3.5 billion research and development (R&D) initiative on genetically modified (GM) plants. "The new initiative will spur commercialization of GM varieties," says Xue Dayuan, chief scientist on biodiversity at the Nanjing Institute of Environmental Science of the Ministry of Environmental Protection.