Published: 11:50, August 22, 2025
Official: China's pharmaceutical industry now 2nd largest in world
By Xinhua
In this undated file photo, a pharmacist prepares medication at the obesity-integrated treatment center in Beijing Hospital of Traditional Chinese Medicine. (CHEN HAO / FOR CHINA DAILY)

BEIJING - China's pharmaceutical industry is now the second largest in the world, accounting for about 30 percent of the global total of innovative drugs in research, said Yang Sheng, deputy head of the National Medical Products Administration, on Friday.