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Invitation Extended: New Chinese Policies Aim To Lure Foreign Pharma Firms

Improved Dialog Among Plans

 
• By Brian Yang

In their latest charm offensive, Chinese regulators issue policies clearly designed to encourage the import of innovative drugs from overseas and better serve foreign drug makers already operating in the country.

CHINA NMPA LAYS OUT NEW WELCOME MAT FOR MULTINATIONALS • Source: Shutterstock

Facing mounting economic pressures and the exodus of foreign talent due to strict "COVID Zero" policies, China is launching a new charm offensive designed to lure multinational drug makers, which still play a key role driving innovation in the pharma, biotech and life science sectors in the country.

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