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The Central People's Government of the People's Republic of China
The Central People's Government of the People's Republic of China
11/14/2024 | Press release | Distributed by Public on 11/14/2024 00:52
China supports foreign pharma firms' long-term operation
BEIJING, Nov. 14 -- China has highlighted its commitment to encouraging the long-term operation and development of foreign-funded pharmaceutical companies in the country.
This includes bolstering their research and development capabilities and localized production of high-end products, according to a statement released after a meeting hosted by the National Health Commission earlier this week.
The event, aimed to enhance government-industry communication and refine policies to support the pharmaceutical sector, brought together representatives from a diverse array of pharmaceutical companies, including state-owned and private enterprises, foreign-invested firms, and traditional Chinese medicine producers.
The meeting also underscored the importance of helping domestic pharmaceutical companies expand their global footprint, encouraging international exchange and cooperation for mutual benefit.
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