Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Industry

Chinese lawmakers calls for innovation in pharmaceuticals

June 27, 2017


Abstract : Chinese lawmakers have called for more administrative support for the country's pharmaceutical industry to boost the development of new drugs.

医药

BEIJING, June 26 (Xinhua) -- Chinese lawmakers have called for more administrative support for the country's pharmaceutical industry to boost the development of new drugs.

The suggestion was made Monday by members of the Standing Committee of the National People's Congress while deliberating the report on enforcement of the Drug Administration Law and the central government's report on drug management.

Both reports were submitted to the committee at the beginning of its bi-monthly session last Thursday.

On pharmaceutical companies' lack of innovation, Li Lu, a member of the committee, summarized the major causes as insufficient policy support and the protection of intellectual property.

To address that, a series of favorable policies in funds, taxation and cooperation with research institutes were proposed by members during the panel discussion.

Shi Lianxi, another member of the committee, urged incentives to develop new drugs for the Chinese market.

Another focus of the discussion was Traditional Chinese Medicine (TCM).

Standing Committee Member Long Chaoyun called for support in research and development of TCM drugs, especially those used by ethnic minority groups for thousands of years.

Supervision of TCM drugs should also be strengthened, according to Gu Shengzu, another member.

In the meantime, some members suggested different approaches in supervising chemical drugs and TCM drugs, as well as giving TCM experts more weight in the drug regulator's daily operations.

Lawmakers also highlighted the supervision of online drug sales.

Scan the QR code and push it to your mobile phone

Keyword: pharmaceutical China-drug

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial