On 4 May 2015, the National Development and Reform Commission, the National Health and Family Planning Commission, and four other ministerial departments of the Chinese central government jointly published the Notice of Promoting the Reform of Drug Pricing. As of 1 June 2015, the price ceiling for most drugs has been eliminated, with the intention of reducing government intervention in drug pricing and adopting a market-driven pricing system.
China Removes Price Ceilings from Most Drugs
By David J.D. Dai and John Z.L. Huang on June 16, 2015
Posted In Health and Welfare Plans