Core Insights - China's pharmaceutical industry ranks second globally, with approximately 30% of innovative drugs under research worldwide [1] - During the "14th Five-Year Plan" period, the National Medical Products Administration (NMPA) approved 204 innovative drugs and 265 innovative medical devices, with 50 innovative drugs and 49 innovative medical devices approved in the first seven months of this year [1] - The NMPA has optimized the review and approval process for urgently needed foreign new drugs, accelerating the market entry of pediatric and rare disease medications, approving 387 pediatric drugs and 147 rare disease drugs since the beginning of the "14th Five-Year Plan" [1] Industry Quality and Safety - The NMPA focuses on ensuring drug quality and safety, particularly for vaccines and blood products, implementing regular risk assessment and management in key areas such as rural and urban fringe regions [2] - The agency conducts over 200,000 drug inspections, 20,000 medical device inspections, and 20,000 cosmetic inspections annually, ensuring comprehensive coverage of selected products in national procurement [2] - China supports open cooperation in the pharmaceutical industry, facilitating global clinical trials and shortening the global market entry timeline for drugs, while also encouraging foreign investment in domestic production of original drugs and high-end medical equipment [2]
中国医药产业规模居全球第二位