US trade body reports on pharma opportunities and risks in China
The latest report from the US-China Economic and Security Review Commission (USCC) notes a number of key factors suggesting improving opportunities for the global pharmaceutical industry in China.
The USCC is an independent body created by the US Congress in 2000 to report on the two nations’ trade and economic relationship.
The report notes that overall demand for pharmaceuticals is rising, in line with an aging population. China will have an estimated 170 million people over the age of 65 by 2020.
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