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Article: Circulation and Management of China's Medicine Market
- Article from:
- China Chemical Reporter
- Article date:
- June 16, 1997
- Author:
CopyrightCOPYRIGHT 1997 CNCIC Chemdata Co. Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Zhao Xianwen (Director of the Financial & Market Circulation Department, the State Pharmaceutical Administration)
1. Present circulation status of the medicine market
China's pharmaceutical industry has a considerable size. The total output value of the pharmaceutical industry in 1995 exceeded 100 billion yuan, in which the output value of the chemical medicine sector was nearly 70 billion yuan. The chemical medicine sector has 1 300 factories and can produce more than 1 300 varieties of crude medicines in 24 categories and over 3 500 varieties of preparations.
The medicine circulation system in China has a complete network, a considerable size and a ...