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China Daily Africa | Updated: 2014-06-06 08:14
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"Some medicines that are suitable for online sales will have a big market."

Wang Yanxiong, chief executive of 360kad.com, a Guangdong e-commerce pharmacy. The State Food and Drug Administration said online drug operators can sell drugs by prescription. Industry experts said e-commerce in pharmaceuticals will accelerate soon and become an important distribution channel for the sector as it develops.

"A Chinese economic slowdown is a game changer that will fundamentally and necessarily alter corporate business strategies. With costs rising and regulatory issues continuing, European companies are starting to put expansion plans on hold."

Jorg Wuttke, president of the European Union Chamber of Commerce in China. Nearly half of European businesses fear their best days in China are over, amid tougher business conditions in a slowing economy, according to the 2014 European Business in China Business Confidence Survey.

"Our Chinese partners have gained and improved substantially in terms of nuclear technology and expertise, and we are now equal partners in international cooperation."

Herve Machenaud, executive vice-president and head of the Asia-Pacific branch of French power giant Electricite de France SA. It has a long history of aiding China's nuclear development and wants to work with the country on a more equal basis to win bids in third markets.

(China Daily Africa Weekly 06/06/2014 page18)

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