The China Chamber of Commerce for Import and Export of Medicines and Health Products (CCCMHPIE) has reported a robust surge in China’s export values for Western pharmaceutical preparations in 2006. The year-on-year growth rate reached a significant 23%, with the total value amassing to US$504 million. Among the various categories, antibiotics demonstrated an exceptionally strong performance, with certain segments witnessing a staggering 500% increase compared to the previous year.
This substantial growth underscores the expanding international demand for Chinese pharmaceutical products and the country’s increasing competitiveness in the global market for Western medicines.- Flcube.com
