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Introduction:
With China’s expanding personal income and the growing medical needs of its aging population, its pharmaceutical market has become the second largest in the world. This report will first provide an overview of the market and introduce the major market players in China’s pharmaceutical industry. It will then present some of the most common fraud and corruption typologies, discuss recent anti-corruption enforcements, and present two new anti-corruption policies in the healthcare sector. The last part of the report will outline the key drivers for future demand growth in China’s pharmaceutical industry and China’s healthcare reform objectives.
