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Deepening Roots in China | Aligning with Healthy China Development, International Pharmaceutical Giants Double Down on China
How do the AI and the 14th Five-Year Plan stimulate the surge of multinational pharmaceutical companies investing in China?
After the Two Sessions, many global pharmaceutical leaders have visited the Ministry of Commerce and other government departments, seizing the new opportunities in China at the start of the 14th Five-Year Plan. China’s measures are tangible, and foreign investment is visibly taking root: Eli Lilly from the US announced a $3 billion investment in China; Sanofi from France announced the official launch of its Innovation and Operations Center in Chengdu; AstraZeneca from the UK is establishing a cell therapy commercialization and production base and an innovation center in Shanghai… Major investments in China are ongoing, with multinational pharmaceutical companies moving swiftly.