China's pharmaceutical industry is now the second largest in the world, while accounting for about 30 percent of the global total in terms of innovative drugs currently in the development and research process, a health official said Friday. #XinhuaNews https://t.co/qqOM2aOM7t
Xinhua: "China's pharmaceutical industry is now the second largest in the world, accounting for about 30 percent of the global total of innovative drugs in research, said Yang Sheng, deputy head of the National Medical Products Administration, on Friday." https://t.co/XRxaZFXrcb
China's pharmaceutical industry is now the second largest in the world, accounting for about 30 percent of the global total of innovative drugs in research: official https://t.co/RzECZgA6bj https://t.co/2UZSjDE0dW

China's pharmaceutical industry has become the second largest globally, with approximately 30 percent of the world's innovative drugs currently in research and development attributed to the country, according to Yang Sheng, deputy head of the National Medical Products Administration (NMPA). This growth reflects China's expanding role in the global pharmaceutical market. Additionally, Chinese Premier Li Qiang has called for high-quality scientific and technological empowerment and supportive policies to further enhance the quality and advancement of China's biomedical industry. Meanwhile, in the Philippines, generic drugs remain more expensive than in countries like India, indicating other factors influencing drug prices beyond brand status.





