Abstract
Report Scope and Methodology
This report examines China' s macroeconomic trends, investment environment,
cardiovascular drugs industry assessments, sales volumes and forecasts, output
by different regions, distribution channels and principal industry
participants. Long-term forecasts for major cardiovascular drugs production
and demand are included. The report contains more than 50 tables and charts.
Key producers are profiled and top cardiovascular disease treatment providers
are listed in the producer directory section.
Most primary and secondary research was done in China in order to access
up-to-date government regulations, market information and industry data. Data
were collected from the Chinese government publications (including from
National Bureau of Statistics of China, China Population Information and
Research Center), Chinese language newspapers and magazines, health care
industry publications, cardiovascular diseases or cardiovascular diseases
treatment publications and our in-house databases. Interviews were conducted
with Chinese cardiovascular diseases treatment experts, medical university
professors, cardiovascular drugs producers and cardiovascular diseases
treatment providers in China.
Historical data include 1995,2000 and 2005. Longterm development trends are
projected to the years 2010 and 2015. Economic models and quantitative methods
are applied in this report to project market demand and industry trends.
Metric system is used and values are presented in both yuan (or RMB, current
price) and US dollar. Exchange rate for 2005 is based on the annual average
rate (8.1 yuan per US dollar). The word "demand" is used interchangeably with
"consumption".
Executive Summary
China has experienced over two decades of high economic growth, which has been
stimulated by the consecutive increases of industrial output, consumer
consumption and capital investment. China' s GDP has been growing at 9.8% per
annum. National industry output has been advancing at 15% annually and will
continue to sustain a strong growth into the next decade. The fast-growing
middle class is creating an enormous consumer society. As the fastest-growing
economy in the world, the emerging market has attracted the attention of
investors and corporations around the world for the last two decades.
To deepen the reform of state-owned enterprises is a long-term task and needs
great efforts. The reform of state-owned economy has witnessed rapid changes
in both economic and social aspects. The introduction of foreign advanced
technology and capitals will continue to be favored by the Chinese government
and business community. New ways will be adopted to utilize foreign
investment, including mergers, acquisition, and investment funds and
securities investment. China will continue to improve its investment
environment in the areas of legal system, intellectual property protection,
foreign trade and investment regulation, infrastructure and financial system.
China is the second largest foreign investment recipient after the United
States in the world today. Given its vast market, the country provides
tremendous opportunities for investment and trade both for the present and
future.