IndustriesA-sharesNews brief

China's MIIT and Nine Other Departments Issue 15th Five-Year Plan for Pharmaceutical Industry

Published: Updated: By 24TopNews Editorial Desk

The Ministry of Industry and Information Technology and nine other departments issued a notice on the 15th Five-Year Plan for the Development of the Pharmaceutical Industry.

The notice calls for expanding the scale of the precision diagnostics industry, with a focus on developing technologies such as high-throughput gene sequencing.

24TOPNEWS IMPACT INTELLIGENCE

Why this event matters

The event has a measured impact on 4 industrys. The strongest current signal is positive for Medical Equipment, with intensity 70/100 and 75% confidence over a medium term horizon.

Healthcare · 13.5

Medical Equipment

Direction
positive
Intensity
70
Confidence
75%
Horizon
Medium term
Effective impact +37
Healthcare · 13.3

Biotechnology

Direction
positive
Intensity
70
Confidence
70%
Horizon
Long term
Effective impact +34
Healthcare · 13.15

Pharmaceutical R&D Services

Direction
positive
Intensity
60
Confidence
65%
Horizon
Medium term
Effective impact +27
Healthcare · 13.4

Medical Consumables

Direction
positive
Intensity
55
Confidence
60%
Horizon
Medium term
Effective impact +23

Impact figures are analytical estimates that combine direction, intensity, confidence and event importance. They are not investment advice.