Logo 06 Jan 2025

State Council rolls out reforms to bolster pharma and medical equipment sectors

Subscribe to keep reading.

Sign up to stay briefed on what the Chinese government is doing, thinking, and saying.

Try it free

Already a subscriber? Log in.

Beijing is staking biomedical innovation. 
On Friday, the State Council released guidelines for a round of regulatory reforms to support the pharmaceutical and medical equipment industries.
ICYDK: Beijing wants to build a world-leading biopharma and biomedical tech industry, and has been rapidl...



More recent developments

Logo January 7, 2025
State Council signals increased funding support for urban renewal projects

The central government is ramping up support for its urban renewal scheme. At Friday’s State Council executive meeting, Premier Li Qiang called on officials to (Gov.cn): “Accelerate the renovation of old neighborhoods, street blocks, industrial zones, and urban villages” “Strengthen… Read More »

Logo January 7, 2025
Legislators release latest Anti-Unfair Competition Law draft

Big companies, watch out. On December 25, the legislature (NPCSC) released the second draft of the revised Anti-Unfair Competition Law. Some context: The first draft was released in November 2022 during the tech crackdown, with the primary goal of regulating… Read More »

Logo January 7, 2025
Carbon footprint standards take another step forward

On December 28, several regulators, including the Ministry of Ecology and Environment (MEE), the National Development and Reform Commission (NDRC), and the National Bureau of Statistics (NBS), released detailed guidance on developing carbon footprint standards. Some context: In August, regulators… Read More »