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Business Opportunities in China: The impact of the WTO

 

This report discusses the state of the Chinese pharmaceutical industry and the opportunities available to companies doing business in China, and is aimed at individuals in business development and technology transfer looking to expand into China. China is one of the largest pharmaceuticals-producing countries in the world, and as it joins the World Trade Organization (WTO), it will need to integrate more completely into the global economy. This international competition will place an intense pressure on the Chinese pharmaceutical industry, and further open the door to a lucrative market for non-Chinese companies, especially for pharmaceutical producers and manufacturers.

This second edition, updated with new figures and tables based on Chinese official statistics, provides an overview of the development of the Chinese pharmaceutical industry and its current status, and a discussion of the competitiveness of the Chinese pharmaceutical industry in the international market. The report also provides an analysis of the business opportunities for pharmaceutical firms considering alliances in China, based on this research and the commitments made by Chinese authorities at the time of accession to the WTO, and concludes by highlighting the significant points for consideration for companies looking to capture such business opportunities in China.

The appendices include two case studies that explore examples of a 'Sino-foreign equity joint venture' and a 'Wholly foreign-owned company' in China, references, a glossary of terms, the source data used in the figures, and a resources section.

 

Table of Contents

Foreword to the first edition - Xiaogang Wang, CMIC Co.Ltd., Japan

Foreword to the first edition - Professor Xiaoming Wu,Chancellor, China Pharmaceutical University

1. Introduction

2. An overview of the pharmaceutical industry in China

2.1. Economic reform and the open door policy in context

2.2. The growth of the Chinese pharmaceutical industry

2.3. The structure of the Chinese pharmaceutical industry

2.3.1. Industry output

2.3.2. Import and export

2.3.3. The industry layout

2.4. R&D in China

2.5. Marketing approvals and manufacturing

2.6. Non-Chinese investment enterprises in China

3. Competing in the international market

3.1. Introduction

3.2. Measuring trading competitiveness

3.3. Potential trading competitiveness

4. Business opportunities for non-Chinese pharmaceutical firms in China

4.1. Factors affecting business opportunities in China

4.1.1. Chinese Authorities' commitments and administrative measures

4.1.2. Chinese consumer demand for pharmaceutical products

4.2. The factors bringing business opportunities

4.3. How to capture business opportunities

4.4. Which would be the profitable fields for non-Chinese pharmaceutical firms?

5. Conclusion

6. Appendices

6.1. Case studies

6.1.1. Sino-Swed Pharmaceutical Corp.LTD (SSPC)

6.1.2. Pfizer (China) Pharmaceuticals Limited

6.2. References

6.3. Glossary

6.4. Source data

6.5. Resources

6.6.Biography

6.6.1.Wu Yifeng BSc

 

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