China To Push Mergers In Pharma, Other Industries For Global Competition
This article was originally published in PharmAsia News
Executive Summary
A dozen Chinese government ministries adopted guidelines for nine industries, including pharmaceutical, to step up mergers as one way to make them competitive abroad.
A dozen Chinese government ministries adopted guidelines for nine industries, including pharmaceutical, to step up mergers as one way to make them competitive abroad. The responsible ministries are to promote mergers with a goal of increasing the concentration ratios of leading companies in fields such as drug making by 2015. Next year, the government is to begin changing industrial structures to resolve overcapacity problems in some industries. (Click here for more
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"China Unveils Merger Targets To Upgrade Industry" - China Daily (1/23/2013)