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China’s State Council Announces Major Policies to Reform the Pharmaceutical Industry

China will launch further reforms in the pharmaceutical sector as part of the healthcare reform initiatives, announced by the State Council, in its February 9, 2017 Circular on Several Opinions Concerning Further Reforms of the Policies Governing Drug Production, Circulation and Usage (the “Circular No.13”). The Circular No. 13 sets forth general principles of the reform. Detailed implementation measures are expected from relevant ministries, including the CFDA, National Health and Family Planning Commission (NHFPC), the Ministry of Human Resources and Social Security (MOHRSS), the Ministry of Commerce (MOC), National Development and Reform Commission (NDRC), State Administration of Industry and Commerce (SAIC), and the Ministry of Public Security (MPS). Continue

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