China releases five-year plan for pharmaceutical industry

The People’s Republic of China, has released a five-year plan for its pharmaceutical industry.
In the five-year plan, China outlined targets such as the keeping of biomedical research, development, and application at the global forefront by 2030.
According to Xinhua News Agency, the move signalled the China’s resolve to turn drug innovation into a strategic strength.
The news medium further explained that the plan, jointly issued by the Ministry of Industry and Information Technology and nine other authorities, called for a major leap in the core competitiveness and international influence of China’s pharmaceutical industry from 2026 to 2030.
“It is hoped that core technologies in...