Drugs made overseas to be tax free


BEIJING: Pharmaceuticals made overseas, including cancer drugs and traditional Chinese medicines, will be exempt from import taxes starting May 1, as part of a package of polices to improve drug access and public health in China.

The move comes just over a week after the central government released measures to boost the production and clinical application of generic drugs to help lower the cost of medical bills.

Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
World , china

Next In Regional

Why China’s humanoid robots are still waiting for their ‘ChatGPT moment’
Singapore turns tide in evolving fight against scams
Africa emerges as new arena in US-China competition over artificial intelligence
China’s parents are outsourcing the homework grind to AI
Where are China’s AI doomers?
China's overstretched healthcare looks to AI boom
Smaller, faster, smarter: Chinese transistor ready for future AI chips
Jimmy Lai to be sentenced on Monday in Hong Kong national security trial
Chinese AI firms defend safety practices, push back on Western criticism
Chinese AI goes next level in geometry at a top US maths Olympiad

Others Also Read