Is China Pharmaceutical Group a state-owned enterprise?

China Pharmaceutical Group is a centralized enterprise.

China Pharmaceutical Group Corporation, or China Pharmaceutical Group, is China's largest pharmaceutical and health industry group with the most complete industrial chain and the strongest comprehensive strength, which is directly managed by the State-owned Assets Supervision and Administration Commission of the State Council. It is mainly engaged in the distribution, retailing, research and development, and production of health-related products such as preventive treatment and diagnostic care.

Pharmaceutical Group has a pharmaceutical distribution network covering 31 provinces, autonomous regions and municipalities directly under the central government and 30 distribution centers that are on par with international standards. It is the largest biomedical research and development and production enterprise in China, and undertakes the production of more than 80% of vaccines for national immunization planning.

Extended information:

China National Pharmaceutical Group has set up a number of production bases and medicinal material bases for biopharmaceuticals, narcotic and psychotropic drugs, anti-infectives, anti-tumor drugs, cardio-cerebral and cerebral vascular drugs, and respiratory drugs. The company has established production bases and medicinal material bases, as well as production lines that meet international standards and have been certified by the U.S. FDA and the European Union, and pre-certified by the WHO.

One of them is a biopharmaceutical R&D and production enterprise, which can produce all vaccine varieties for China's legal immunization program, and undertakes the production of more than 80% of vaccines for the national immunization program, as well as being the sixth-ranked vaccine supplier in the world.

China Pharmaceutical Group has built a complete Chinese medicine health industry chain including cultivation, scientific research, production and sales of Chinese medicines, and produces more than 900 proprietary pharmaceutical products, 15 old Chinese brands and four intangible cultural heritage products, which enable traditional Chinese medicine to flourish.

China Pharmaceutical Group has cultivated 26 exhibition brands such as China International Medical Device Expo, covering the entire human health industry chain and various sub-fields, which has become a platform for cooperation and exchange in China's pharmaceutical medical and healthcare fields, and driven the development of the entire pharmaceutical industry.

China Pharmaceutical Group has successfully explored the new model of "Big Health Concept Store", and formed a new group of stores, including "Guoda", "Golden Elephant", "Daxiang", "Daxing" and "Daxing", "Dadexiang", "Tianyitang" and other brands, and has set up more than 4,500 retail pharmacy chains.

It has established a medical service network, forming several regional medical clusters in Henan, Hubei and Liaoning, with 23 medical institutions including three tertiary hospitals and six secondary hospitals, with a total of nearly 10,000 beds, so that more people can enjoy convenient medical and health services.

China Pharmaceutical Group has established 26 joint ventures with internationally renowned pharmaceutical companies, conducted trade with more than 60 countries along the Belt and Road, and established trade relations with more than 120 countries and regions in the world, further expanding cooperation channels.

The live encephalitis B vaccine with independent intellectual property rights became the first vaccine product in China to pass the pre-certification of the World Health Organization and was included in the procurement of United Nations agencies, from which the whole world benefited. We have established overseas industrial bases in Vietnam and Malaysia, and assisted in the construction of hospitals and mobile clinics in Myanmar and Cambodia, making positive contributions to our social responsibilities such as enhancing the health and well-being of local people and promoting employment.

References:

Baidu Encyclopedia-China Pharmaceutical Group