The China International Import Expo offers
a great platform for global pharmaceutical companies to strengthen cooperation
with China and give their businesses fresh momentum, industry executives said,
as the country works to provide quality and accessible healthcare products and
services.
China is the world's second-largest
pharmaceuticals market, and it is forecast to grow from $108 billion in 2015 to
$167 billion by 2020, representing an annual growth rate of 9.1 percent,
according to the 2016 Top Markets Report Pharmaceuticals (Country Case Study),
released by the United States' International Trade Administration in 2016.