Dr. Pan received a Bachelor of Medicine in 1984 from Xiangya Medical College and a Master in Aerospace Medicine in 1989 from China Space Medical Institute. In 1991, he obtained his PhD in Biochemistry from Peking University and in 1995 studied his second PhD in Political Economy under the prestigious economist Xiao Zhuoji. In the same year, he proposed the concept of bioeconomy and established the bioeconomic theory in his papers published on the subject in 2003. The bioeconomic system mainly includes three aspects: bioeconomic theories, bioeconomic model and the bioeconomy industry.
    The bioeconomic theory is mainly composed of following ten theories: Bioeconomics, New Capital, Econo-genology, Theory of Biological Reconstruction of Assets, Medical Model of Stock Market, Theory of Information Carrier of Life, Triad Theory, Social-genology, Theory of Asymmetric Management Information, and Corporate Theory of State. The bioeconomic model refers to the new economic model created with the direction of bioeconomic theories, which is mainly composed of bioeconomy community and bioeconomy incubators. The bioeconomy industry refers to the industry formed via the integrated and coordinated development of big finance, big market and big industry by applying the bioeconomic model under the direction of bioeconomic theories. The big industry has three features: first, it takes the bioindustry as the dominant force and the central role; second, it facilitates the application of modern science and technologies in bioindustry; third, it promotes the integrated and coordinated development of the primary, secondary and tertiary industries.
    In 1998, Dr. Pan released the prediction for the first time: the human society shall enter into the era of bioeconomy in 2020. Through nearly two decades of exploration and practice, Dr. Pan Aihua has always been an active advocator of bioeconomy and has played a leading role in the era of bioeconomy. Because of his innovative and outstanding contributions to bioeconomy, Dr. Pan is regarded as the father of bioeconomy and Sinobioway Group serves as the place of origin of bioeconomy around the world.

     Dr. Pan Aihua, Chairman of the Board of Sinobioway Group, first put forward the concept of bioeconomy in 1995. In 2003 he established the bioeconomic theory in his papers published on the subject. The bioeconomic system mainly includes three aspects: bioeconomic theories, bioeconomic model and the bioeconomy industry. The bioeconomic theory is mainly composed of following ten theories: Bioeconomics, New Capital, Econo-genology, Theory of Biological Reconstruction of Assets, Medical Model of Stock Market, Theory of Information Carrier of Life, Triad Theory, Social-genology, Theory of Asymmetric Management Information, and Corporate Theory of State. 
    Bioeconomics refers to the new bioeconomy theory and model formed by applying the perspectives and approaches of life science and medicine. In a narrow sense, bioeconomics is a theory on the studies of the production of value and the law of circulation, distribution and consumption. 

    The bioeconomic model refers to an economic model of value creation established under the guidance of bioeconomic theories, mainly including the bioeconomic community, the bioeconomy incubator, and the health internet of things (iHealth).


Bioeconomy Community

    Based on his studies of human society, economy and development history by using the bioeconomic theories, Dr. Pan put forward the concept of bioeconomy community, which says that it is an ideal model for China's new urbanization drive and an ideal community for the human being in the future. According to the Social-genology theory created by Dr. Pan, the family is the code of society; the organization is the gene; the community is the cell. The theory emphasizes that communities should be the key and center of social construction, management and services; therefore, communities, rather than a separate organization, should be the basic unit of social reforms and an ideal society for the human being should be constituted based on each individual social cell (the community). The bioeconomy community can be simply called the “Gene Tribe”, in which benefits of modern science and technology are extended to a lifestyle of primitive tribes. The New Capital Theory created by Dr. Pan holds that capital controls the world; life determines capital; genes dictate life. Sinobioway Group attempts to build the bioeconomy community- Sinobioway Commune. As the bioeconomy community represents the primary stage of communism (prototype), the bioeconomic theories also provide a strong support for the realization of a communist society. Therefore, the development of bioeconomy is an inevitable path towards the realization of an ideal society.

Bioeconomy Incubator

The bioeconomy incubator is a new economy incubator established according to  the Theory of Biological Reconstruction of Assets. Different from ordinary incubators, the bioeconomy incubator can provide comprehensive and personalized nanny-style services to the recombination targets.


Health Internet of things (iHealth)



   The bioeconomy industry is the industry formed with the integrated and coordinated development of big finance, big market and big industry by applying the bioeconomic model with the direction of the bioeconomic theories. The big industry has three features: first, it takes bioindustry as the dominant force and the central role; second, it promotes the application of modern science and technologies in bioindustry; third, it promotes integrated and coordinated development of the primary, secondary and tertiary industries. The bioeconomy industry is different from the bioindustry in that it is a key component of the big industry, which mainly includes the areas of biomedicine, bioagriculture, bioenergy, bioenvironment, biomanufacturing, and bioservices; meanwhile, the big industry is the core part of the bioeconomy industry.