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The Lucrative Pharmaceutical Market of China

The pharmaceutical industry in China is on a rising curve and is leading on the international platform. The Chinese health sector has grown to a robust industry of $357 billion at present and is poised to grow to $1 trillion in 2020. It covers a wide range of synthetic chemicals, drugs, medical devices, instruments, hygiene materials, packing materials and pharmaceutical industry. Research and development has increased swiftly and foreign health institutions and companies have captured 20% of its overall sales.

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