China’s Pharma Output Climbed 30% in First Seven Months of 2011

The production value of mainland China’s pharmaceutical industry 29.6% higher than last in the first seven months of 2011, according to the National Development and Reform Commission. Total output was 802.4 billion RMB ($125 billion). All the sectors of the industry showed healthy gains. If the industry continues at its present pace, full-year 2011 output would equal 1.375 trillion RMB ($215 billion). More details....