China — irresistible market for pharma MNCs

Vast size, resilient supply chain, favorable policies, growth prospects prove big factors

For multinational corporations in the pharmaceutical industry, the humongous China market has been an indispensable part of their global plans for decades — and this factor is becoming even more important now than ever before, mainly due to the country's pursuit of high-quality development, experts and business leaders said.

That pursuit has showcased five factors working in China's favor: the ever-growing market size, strong industrial and supply chain resilience, well-thought-out policy support, deepening healthcare industry reform and high-standard opening-up.

These five factors figured constantly in discussions among top executives of pharmaceutical and medical device companies at the sixth China International Import Expo in Shanghai in early November.