Tonghua Special: Tonghua plans booster shot for medicine sector

The authorities in Tonghua, a city in Northeast China's Jilin province, plan to attract at least 100 high-tech medicine companies and research institutes in the next five years that will generate a combined 50 billion yuan ($7.8 billion) in sales, according to local officials.

Tonghua is already home to 94 medicine makers, including five publicly traded companies and 20 firms that each have at least 100 million yuan in annual sales.

One of them, Xiuzheng Pharmaceutical Group, is among China's top 10 medicine makers.