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Chinese strategic adjustment of industrial structure occurs in hidden hi by na b





Article Author Biography
Chinese strategic adjustment of industrial structure occurs in hidden hi by
Article Posted: 06/09/2011
Article Views: 83
Articles Written: 2638
Word Count: 532
Article Votes: 0
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Chinese strategic adjustment of industrial structure occurs in hidden hi


 
Business,Business News,Business Opportunities
According to the State Food and Drug Administration's latest statistics, in 2009 received the National New Drug application for registration 3357, the proportion reached 35% of new drug applications, the proportion reporting significant increase. This welcome change that our pharmaceutical companies to enhance innovation and R & D, drug development is moving from the "imitation-based" to "creative imitation combined with" change, medicine, industrial structure is undergoing a strategic adjustment to the sound development of innovative R & D direction.



Many investors buy Chinese stocks last year, earning pours is a proof. Start a new healthcare reform, national essential drug system is implemented, a surge in flu vaccines and drugs such as amount of good and market demand driven by Chinese shares rise more than 50 doubles only, pharmaceutical index also hit a new high in November last year, beyond the broader market 6,000 point of valuation.



With the basic medical and health services, essential drugs and gradually covering urban and rural residents, medical and health needs will be substantially increased the total, drug structure and drug supply channels will be significant changes, pharmaceutical industry reform and development, mergers and acquisitions, bigger and stronger will be the trend.



However, the current high risk of drug safety in China and highlights the characteristics of conflicts have not fundamentally changed. In 2009 investigated the glycolipid capsule and selling fake, illegal trade in major cases such as ephedrine compound, are exposed to many of China's pharmaceutical enterprises, small, scattered, random pattern of no real improvement.



Domestically, the impact of drug safety in the industrial base and social foundation of no fundamental change: industry concentration is low, homogeneous competition, competition remains a serious disorder; a lack of technological innovation and application, production technology, the overall level of product standards is not enough high; market liquidity is not sufficiently standardized, pharmaceutical market, the lack of fair competition, effective mechanisms for survival of the fittest; part of the company's integrity and sense of responsibility is still weak, and the market in the industrialized production of large circulation, a large open structure, the illegal production harm caused by business activities easily multiplied to enlarge. In addition, labor disputes, increased costs, changes in property rights, also as a constraint to the development of pharmaceutical industry, the reality of health factors.



From the international point of view, economic globalization and trade liberalization accelerate to the medical industry in China has brought more new challenges. With the opening up expanding, more and more Chinese products enter the international market, more and more multinationals to the development, production and procurement centers to China, the domestic pharmaceutical companies faced with increasingly fierce competition in the market.



Proved medical industrial restructuring imperative. While pharmaceutical companies to promote the powerful combination of innovation and technology to enhance core competitiveness. On the other hand the relevant departments should further strengthen supervision and punish illegal conduct business, create a favorable market environment for survival of the fittest

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