China's MIIT and Nine Other Departments Issue 15th Five-Year Plan for Pharmaceutical Industry
China's Ministry of Industry and Information Technology and nine other departments jointly released the 15th Five-Year Plan for the pharmaceutical industry. The plan sets out support for the development of innovative drugs, according to the joint document. No specific years, funding figures, or percentage targets were disclosed in the announcement.
The Ministry of Industry and Information Technology, together with nine other departments, has jointly issued the 15th Five-Year Plan for the Development of the Pharmaceutical Industry.
The plan proposes support for the development of innovative drugs.
Why this event matters
The event has a measured impact on 5 industrys. The strongest current signal is positive for Pharmaceuticals, with intensity 65/100 and 70% confidence over a medium term horizon.
Pharmaceuticals
- Direction
- positive
- Intensity
- 65
- Confidence
- 70%
- Horizon
- Medium term
Biotechnology
- Direction
- positive
- Intensity
- 68
- Confidence
- 65%
- Horizon
- Medium term
Pharmaceutical R&D Services
- Direction
- positive
- Intensity
- 58
- Confidence
- 60%
- Horizon
- Medium term
Traditional Chinese Medicine
- Direction
- positive
- Intensity
- 55
- Confidence
- 60%
- Horizon
- Medium term
Pharmaceutical Chemicals
- Direction
- positive
- Intensity
- 55
- Confidence
- 55%
- Horizon
- Medium term
Impact figures are analytical estimates that combine direction, intensity, confidence and event importance. They are not investment advice.