Investment and Forecast Report on China Pharmaceuticals Industry, 2012-2016

The pharmaceutical industry is one of the leading industries in People's Republic of China, covering synthetic chemicals and drugs, prepared Chinese medicines, medical devices, apparatus and instruments, hygiene materials, packing materials, and pharmaceutical machinery.

China accounts for 20% of the world’s population but only 1.5% of the global drug market. China's changing health-care environment is designed to extend basic health insurance During 30 years from 1978 to 2008, Chinese pharmaceuticals industry had been growing faster than GDP. From 1978 to 2007, China pharmaceuticals industry output value grew at an average speed of 16.8% annually. Pharmaceuticals industry has become one of the fastest growing industries in national economy.

Between Jan. and Nov. 2007, pharmaceuticals manufacturing industry achieved accumulated industrial output value of 565,901,53 thousand yuan RMB, up 24.87% over the same period of previous year; products sales revenue of 520,723,086 thousand yuan RMB, up 24.56% over the same period of previous year; total profit of 49,921,461.00 thousand yuan RMB. Between Jan. and Nov. 2008, pharmaceuticals manufacturing industry achieved accumulated industrial output value of 713,658,303 thousand yuan RMB, up 25.94% over the same period of previous year; products sales revenue of 656,130,219.00 thousand yuan RMB, up 25.84% over the same period of previous year; total profit of 64,530,215 thousand yuan RMB. Purchase and sale of pharmaceuticals in China remained stable in 2008, although financial crisis swept through the whole world.

Chineses pharmaceuticals increment brought by medical reform will be at least over 100 billion yuan RMB by 2010. If including the industrial natural growth, it estimates that the annual growth rate of pharmaceuticals industry won’t be less than 20% in the next 3-5 years.