This Day, That Year
China Daily | Updated: 2017-11-01 07:11
Item from Nov 1, 1998, in China Daily: The State Development Planning Commission is to establish a new pricing system for the pharmaceutical industry this month to outlaw distorted high prices for medicines pushed up by illegal kickbacks.
The regulation, approved by the State Council, fixes discount rates on certain medicines traded between pharmaceutical manufacturers, hospitals and pharmacies.
The authorities have been working to reform the healthcare sector in recent years.
Photo
