国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Business / Industries

Pharmaceutical industry needs shot of innovation

By Yao Jing (China Daily) Updated: 2014-02-11 07:17

Pharmaceutical industry needs shot of innovation

Zhejiang Huahai Pharmaceutical Co Ltd in Zhangjiang High-Tech Park in Shanghai. Provided to China Daily

Despite an overall increase in China's pharmaceutical foreign trade, growth of its exports showed signs of slowing down in 2013, a chamber of commerce group reported.

Total foreign trade involving pharmaceuticals rose 10.27 percent to $89.69 billion last year, with exports up 6.84 percent and imports rising 15.17 percent compared with 2012, according to figures from the China Chamber of Commerce for Imports & Exports of Medicine & Health Products.

"China's pharmaceutical industry is entering a critical period of transformation as it is losing its traditional competitiveness, such as price, and is also faced with sluggish international market, especially in Europe and the United States," said Xu Ming, chamber vice-chairman.

The trade surplus totaled $12.67 billion in 2013, a year-on-year drop of 12 percent.

China's exports of active pharmaceutical ingredients still play a major role, as its export volume accounted for 46.27 percent of the industry's total exports.

But bulk active pharmaceutical ingredients have experienced a continuing decline since the fourth quarter of 2012.

In 2013's third quarter, the sector saw the steepest quarterly drop it had ever recorded, a drop of 9.52 percent.

The exports of high value-added pharmaceutical ingredients, such as drugs for cardiovascular diseases, have performed much better.

The export of traditional Chinese medicine products gained momentum with a year-on-year rise of 25.54 percent, to $3.14 billion. "The trend has been driven by an increasing demand from the international market for plant extracts and Chinese herbal medicine," Xu said.

Shipments of medical devices totaled $19.34 billion in 2013, an increase of 9.92 percent compared with 2012.

"The medical device sector is doing much better than drugs," Xu said, adding that China has become the biggest export country of small and medium-sized medical equipment.

Confronted with strict rules on drug quality and registration in the international market, along with slow economic recovery in traditional markets and the pressure of yuan appreciation, the medical industry is in need of a shakeup, Xu said.

When it comes to going global, the preparation sector may have stepped forward.

In 2013, exports of Western medicine preparations rose by 5.82 percent, while biochemical resistance grew 6.13 percent.

"Chinese producers should work more closely with foreign makers and get more international certifications," said Xu.

Last May, the US-based Oncobiologics Inc and Zhejiang Huahai Pharmaceutical Co Ltd agreed to jointly develop, manufacture and market biosimilar monoclonal antibody products.

Xu predicted that the industry's total foreign trade would edge up 10 percent this year thanks to Chinese companies' outward push and growing sales in medical devices.

Hot Topics

Editor's Picks
...
...
电白县| 体育| 石嘴山市| 肇东市| 讷河市| 屏东县| 九寨沟县| 会理县| 荥阳市| 安图县| 清徐县| 永德县| 光山县| 乌拉特中旗| 怀仁县| 安顺市| 玉环县| 玉龙| 邵东县| 阿拉善盟| 扎囊县| 沭阳县| 佛坪县| 浦江县| 石屏县| 怀仁县| 双流县| 新闻| 郁南县| 台湾省| 闵行区| 钟山县| 崇文区| 新建县| 石渠县| 泽州县| 临清市| 双柏县| 松桃| 阿巴嘎旗| 方城县|