Consumer

Chinese Police Seize Six Tons of Fake Geriatric, Maternity and Other Drugs

Chinese Police Seize Six Tons of Fake Geriatric, Maternity and Other Drugs

Police in China said they have cracked a counterfeit drug case, seizing over six tons of fake finished and semi-finished…

Jul 26, 2018
Xu Zuwei
Shanghai Eases Restrictions on Private Investment in Healthcare

Shanghai Eases Restrictions on Private Investment in Healthcare

Shanghai municipal government plans to release new rules for the healthcare sector in a bid to ease restrictions and bolster private investment into medical institutions.

Jul 26, 2018
Ren Xiaozhang
Illegal Pet Sales Plague China’s E-Commerce Sites

Illegal Pet Sales Plague China’s E-Commerce Sites

Illegal sellers of exotic pets appear rife on some of China’s biggest e-commerce platforms including Alibaba Group Holding’s second-hand goods…

Jul 26, 2018
Xu Zuwei & Tang Shihua
China to Open Hangzhou to Huangshan High-Speed Rail Link by Year-End

China to Open Hangzhou to Huangshan High-Speed Rail Link by Year-End

China is expected to open a high-speed rail link serving the tourists hot spots of Hangzhou in eastern Zhejiang province and UNESCO World Heritage Site Huangshan before the end of the year.

Jul 26, 2018
Xu Zuwei & Tang Shihua
Betta Pharma Marks Down Its Anticancer Drug's Price

Betta Pharma Marks Down Its Anticancer Drug's Price

Betta Pharmaceuticals has pledged to cut its list prices for its icotinib hydrochloride anticancer drug from CNY66.62 (USD9.84) per tablet…

Jul 25, 2018
Liao Shumin
Cancer Drugmakers Slash Prices as China Pushes for More Affordable Treatments

Cancer Drugmakers Slash Prices as China Pushes for More Affordable Treatments

Pharma firms in China are cutting the price of cancer treatments by up to 10 percent as the country looks to alleviate the cost burden borne by patients nationwide.

Jul 25, 2018
Chen Juan & Liu Jing
MIIT Calls Milk Formula Makers to Merger, Reorganization Meeting

MIIT Calls Milk Formula Makers to Merger, Reorganization Meeting

China’s Ministry of Industry and Information Technology  convened a meeting of infant formula milk powder producers in Beijing yesterday where it proposed practical measures to advance their mergers and reorganizations,…

Jul 24, 2018
Liao Shumin
China Ranks Second Globally for Organ Donations

China Ranks Second Globally for Organ Donations

China is the second biggest market for organ donations globally with over 18,000 donors providing more than 52,000 organs to date.

Jul 24, 2018
Liao Shumin
Midea Looks to Robotics for Growth

Midea Looks to Robotics for Growth

Having bought German robot manufacturer Kuka in late 2016, Midea Group aims to expand its presence in China’s USD30 billion…

Jul 24, 2018
Wang Zhen & Liu Gongping
Faked Rabies Vaccines Case Puts Abnormally High Sales Costs Under the Spotlight

Faked Rabies Vaccines Case Puts Abnormally High Sales Costs Under the Spotlight

The case of Changsheng Bio-technology, the rabies vaccine maker that lost its pharma license after faking production data, has brought scrutiny…

Jul 23, 2018
Tian Youyou
Chinese Liquor Firm Eyes Western Methods to Boost Popularity Overseas

Chinese Liquor Firm Eyes Western Methods to Boost Popularity Overseas

Luzhou Laojiao, a well-known Chinese liquor maker, aims to employ western brewing technology to boost the prospects of its products in overseas markets.

Jul 23, 2018
He Tianjiao
Shanghai Pharmas Form Union to Fix Short Supply of Drugs for Rare Diseases

Shanghai Pharmas Form Union to Fix Short Supply of Drugs for Rare Diseases

Shanghai Pharmas Form Union to Fix Short Supply of Drugs for Rare Diseases China’s first union for pharmaceutical manufacturers of drugs…

Jul 20, 2018
Liu Jing & Liao Shumin

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