ABSTRACT
With the increasing exhaustion of global resources, various countries have explored bioeconomy as an economic model that can cope with environmental, climate，resource problems and food security crisis. China recently released the " 14th Five-Year Plan for Bioeconomy Development", raising the bioeconomy to the level of national strategic development for the first time. Based on the innovation of life science and biotechnology, emerging industries have come into being in bioeconomy including biomedicine, bioagriculture, biomanufacturing and bioenergy. Bioeconomy is an economic development model with great potential for sustainable development in the future. This paper summarizes the evolution law of the global bioeconomy, the development of the bioeconomy worldwide and the industrial development of Chinese bioeconomy. Moreover, under the complex situation in a time of unprecedented global changes in a century and the COVID-19 epidemic, the relevant countermeasures to cope with challenges and suggestions on Chinese future are put forward. © 2022, China Biotechnology Press. All rights reserved.