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The Global Pharmaceutical Industry and China’s Position

In: WTO, Globalization and China’s Health Care System

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  • Mei-ling Wang

Abstract

Discussions of China’s pharmaceutical industry in the WTO framework cannot be separated from an analysis of the global pharmaceutical industry. The global pharmaceutical industry has never played a more important role than it does today in addressing the mortality and morbidity of global populations, given the threatening increase of global pandemics and emergent health issues, such as HIV/AIDS, avian flu, SARS, TB, hepatitis and debilitating chronic diseases (cancer, diabetes, Alzheimer’s disease and so on). Global developments will inevitably have an impact on the position of the Chinese pharmaceutical industry as China is integrated into the global market by the WTO. The purpose of this chapter is to examine prospects for the global pharmaceutical industry, China’s pharmaceutical industry and its position in the global market, and the major benefits and challenges facing China’s pharmaceutical sector.

Suggested Citation

  • Mei-ling Wang, 2007. "The Global Pharmaceutical Industry and China’s Position," Palgrave Macmillan Books, in: WTO, Globalization and China’s Health Care System, chapter 3, pages 55-85, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-28696-2_3
    DOI: 10.1057/9780230286962_3
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