China Releases 15th Five-Year Plan for Pharmaceutical Industry Development
Ten Chinese government departments jointly released the 15th Five-Year Plan for the pharmaceutical industry on September 18. The plan sets a goal for China to capture 25 percent of the global first-in-class drug market by 2030 and establish world-class industry clusters. It aims to position the sector as a strategic pillar for national development and global innovation.

Key facts
- 01Ten Chinese departments jointly released the 15th Five-Year Plan for the pharmaceutical industry.
- 02The plan targets 2030 for achieving global leadership in biopharmaceutical R&D.
- 03China aims to reach 25 percent of the global first-in-class drug market by 2030.
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