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 DEVELOPMENT OF CHINA'S INDUSTRY |
| In 2007, the pharmaceutical industry realized a fast industrial growth and had the growth rate of gross industrial output value much higher than that in the same period last year. Among its sub-industries, the growth rate of chemical pharmaceutical industry was obvious and that of bio-pharmaceutical industry rose slightly. |
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| STATUS OF FOREIGN INVESTMENT |
| According to the statistics of MOFCOM, 262 foreign investment projects in Medicines industry (Medicines Industry (Code C27) hereinafter is in accordance with the National Economic Industrial Classification (GB/T4754-2202).) were newly set up in 2007, 143 less than that of the same period in the last year, and the amount of the actual utilized foreign capital reached USD 598850,000, up by 16.05ге year-on-year. |
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| COMMITMENTS TO THE WTO AND INTERNATIONAL PRACTICES |
| According to Annex II, Staging Matrix for Section II (Other Products' Concessions), the mentioned pharmaceutical products are as follows (tariff lines, product's name, bound rate at the day of accession, final bound rate, implementation year, referring to 1 January of the year indicated when the final bound rate will be achieved) |
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| DEVELOPMENT OF GLOBAL INDUSTRIES |
| In 2006, global pharmaceuticals market sale made new high record, rising 7.0% to 643 billion US dollars. It was said that in the data collection market of IMS, the pharmaceuticals sale totaled up to 607.9 billion US dollars with 6.5% year-on-year increase. |
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