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Frank Li Quotes
«China's hospitals purchase drugs via public bidding, so the majority of drugs which can enter the hospital market are cheap domestic drugs. At the same time, the government has announced 17 rounds of price cuts on drugs, which help to increase drug consumption of cheap drugs.»
«Many joint venture drugs are used to treat some difficult diseases, and though their prices are high, their volume is quite small.»
«These new policies indicate that consumption of China's domestic drugs will be on the steady increase in the future.»