Strengthening the Life-Science Industry in the People’s Republic of China
Publication | December 2023
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This brief looks at how multilateral development banks (MDBs) can help strengthen the life-science industry in the People’s Republic of China’s (PRC) and promote private sector investment and innovation as demand for better health care grows.
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It explains how the PRC’s health-care sector has largely focused on imported and low-cost generic medicines, looks at the impact of complex regulations, and outlines the government’s strategy to boost scientific development and improve health. It sets out ways to expand translational medicine systems and assesses how MDBs can help strengthen financing, incentivize innovation, and improve quality standards.
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