In 2022, the pharmaceutical industry in China generated total revenue of over 3.36 trillion yuan, representing a year-on-year growth of 0.5 percent. Pharmaceutical preparations manufacturing and Chinese patent drug manufacturing are the biggest pharmaceutical segments in the country, while the significant sales of COVID-19 vaccines and the high profitability of traditional Chinese medicine products also contributed to the sector's substantial growth in 2021.
Key economic figures on the pharmaceutical and medicine manufacturing industry in China from 2017 to 2022
(in billion yuan)
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China Pharmaceutical Enterprises Association. (March 20, 2023). Key economic figures on the pharmaceutical and medicine manufacturing industry in China from 2017 to 2022 (in billion yuan) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/308016/china-key-figures-on-the-pharmaceutical-industry/
China Pharmaceutical Enterprises Association. "Key economic figures on the pharmaceutical and medicine manufacturing industry in China from 2017 to 2022 (in billion yuan)." Chart. March 20, 2023. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/308016/china-key-figures-on-the-pharmaceutical-industry/
China Pharmaceutical Enterprises Association. (2023). Key economic figures on the pharmaceutical and medicine manufacturing industry in China from 2017 to 2022 (in billion yuan). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/308016/china-key-figures-on-the-pharmaceutical-industry/
China Pharmaceutical Enterprises Association. "Key Economic Figures on The Pharmaceutical and Medicine Manufacturing Industry in China from 2017 to 2022 (in Billion Yuan)." Statista, Statista Inc., 20 Mar 2023, https://www.statista.com/statistics/308016/china-key-figures-on-the-pharmaceutical-industry/
China Pharmaceutical Enterprises Association, Key economic figures on the pharmaceutical and medicine manufacturing industry in China from 2017 to 2022 (in billion yuan) Statista, https://www.statista.com/statistics/308016/china-key-figures-on-the-pharmaceutical-industry/ (last visited November 21, 2024)
Key economic figures on the pharmaceutical and medicine manufacturing industry in China from 2017 to 2022 (in billion yuan) [Graph], China Pharmaceutical Enterprises Association, March 20, 2023. [Online]. Available: https://www.statista.com/statistics/308016/china-key-figures-on-the-pharmaceutical-industry/