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 DEVELOPMENT OF CHINA'S INDUSTRY |
| In 2008, the medical industry continued to keep fast growth, with the growth of total industrial output value basically equivalent to that from the same period of 2007. In sub-industries, the growth of the biological product industry is comparatively distinctive while that of traditional Chinese herbal sliced medicine processing industry and Chinese pharmaceutical industry slightly declined. |
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| STATUS OF FOREIGN INVESTMENT |
| According to the statistics of MOFCOM, 139 foreign investment projects in Medicines industry(Medicines Industry (Code C27) hereinafter is in accordance with the National Economic Industrial Classification (GB/T4754-2202£©.) were newly set up in 2009, 44 less than that of the same period in the last year, and the amount of the actual utilized foreign capital reached USD 944,860,000, up by 43.7£¥ year-on-year. |
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| COMMITMENTS TO THE WTO AND INTERNATIONAL PRACTICES |
| According to Annex II, Staging Matrix for Section II (Other Products' Concessions), the mentioned pharmaceutical products are as follows (tariff lines, product's name, bound rate at the day of accession, final bound rate, implementation year, referring to 1 January of the year indicated when the final bound rate will be achieved) |
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| DEVELOPMENT OF GLOBAL INDUSTRIES |
| In 2006, global pharmaceuticals market sale made new high record, rising 7.0% to 643 billion US dollars. It was said that in the data collection market of IMS, the pharmaceuticals sale totaled up to 607.9 billion US dollars with 6.5% year-on-year increase. |
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