1、VITAL SIGNS:DIAGNOSING TRENDS IN THE LIFE SCIENCES REAL ESTATE MARKET ON THE CHINESE MAINLANDJuly 2025L FESCIENCESON THE CHINESE MAINLAND 2 VITAL SIGNSDIAGNOSING TRENDS IN THE LIFE SCIENCES REAL ESTATE MARKET ON THE CHINESE MAINLANDExecutive Summary IntroductionVital Signs Industry and Real Estate P

2、erspectivesVital Signs Landlord PerspectivesVital Signs Occupier PerspectivesVital Signs The MarketKey Takeaways04061314365466TABLE OFCONTENTS3CUSHMAN&WAKEFIELD4 VITAL SIGNSDIAGNOSING TRENDS IN THE LIFE SCIENCES REAL ESTATE MARKET ON THE CHINESE MAINLANDEXECUTIVE SUMMARYThe life sciences sector on t

3、he Chinese mainland is experiencing rapid transformation,underpinned by policy liberalisation,technological innovation,the emergence of major domestic players,and the rise of purpose-built real estate ecosystems.This report,“Vital Signs:Diagnosing Trends in the Life Sciences Real Estate Market on th

4、e Chinese Mainland,”offers a comprehensive overview of current market dynamics,regulatory shifts,landlord and occupier perspectives,and future growth directions.4 Policy Landscape National and Local CatalystsReforms enacted in 2024-2025 have significantly accelerated sector development.Nationally,Ch

5、ina relaxed restrictions on foreign investment in gene and cell therapy and allowed the establishment of wholly foreign-owned hospitals in key cities.Regulatory incentives such as data protection and marketing exclusivity have improved market access for innovative drugs.Locally,cities like Beijing,S

6、hanghai,Shenzhen,Guangzhou and Suzhou are rolling out targeted subsidies,fast-track approvals,and ecosystem-building programmes that directly benefit biotech development.Industry Innovation and Company GrowthChinese life sciences companies are moving beyond generic drug manufacturing toward innovati