The State group recently opened a company in the Chinese province of Hebei
14ymedio, Havana, 12 July 2024 –After 10 months of “connection,” the state group BioCubaFarma established a company with 100% Cuban capital in the city of Shijiazhuang, in the Chinese province of Hebei. This Monday, the company, with a fund of $500,000, completed its registration and is ready to start its operations, ranging from the import and export of pharmaceutical products to consulting services.
For the Chinese press, which released the news this Thursday of the definitive settlement of the Cuban corporation in the High Technology Zone of Shijiazhuang, the company represents one more foreign investment among many. For the Cuban side, on the other hand, it is an important step in the expansion of its medical-pharmaceutical activities and an opportunity to form other agreements with China that are beneficial for the Island.
According to the online media “Sina,” it is expected that in the near future BioCubaFarma will establish another center, this time dedicated to biomedicine, which will “further deepen the cooperation” between the two countries.
According to the online media “Sina,” it is expected that in the near future BioCubaFarma will establish another center
The Shijiazhuang High Technology Zone also has a special interest in the establishment of the Cuban business group in the region, and during the months of accommodation, there were several exchanges between those responsible for the area and the Cubans. The representative of BioCubaFarma in Beijing, Su Li, in addition to several Cuban technicians and specialists and members of the Embassy of the Island in that country, were invited on a tour of the area.
The Chinese representative also