Reassessment on the Impact of China's Entry into WTO on Chinese Pharmaceutical Industry / 中国药房

ABSTRACT

OBJECTIVE: To reassess the impact of China's entry into WTO on Chinese pharmaceutical industry.METHODS: The relevant viewpoints before the entry into WTO were reviewed and the development of the pharmaceutical industry after China's entry into WTO was analyzed,and the impact of China's entry into WTO on Chinese pharmaceutical industry was reassessed.RESULTS & CONCLUSIONS: China's entry into WTO enhanced the export of pharmaceutical products and the impact of TRIPS on pharmaceutical industry is as great as what people have predicated.To the opposite of some scholars' view,the steadily increased import of drugs after entering WTO had little impact on domestic pharmaceutical industry and the export of traditional Chinese medicine products still faces many difficulties.