Five characteristics of the Chinese pharmaceutical industry.(Industry overview)

Five aspects of China's pharmaceuticals industry are briefly discussed. First is the excellent performance of the industry, with output value for 2009 at a record RMB Yuan 1.0382 trillion, 21.1% more than for 2008. Between 1998 and 2009, output value has grown by an average of 20%/y. Sales for 2009 were RMB Yuan 991.59 bn (+21.4%). Secondly, quality control and supervisory systems have been constantly improved. In 2010, a new amended version of GMP requirements, first introduced in 1998, will be issued. Thirdly, regional distribution and industrial organisation …