IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 01 Jun 2015 | Removal date: open ended
Still in force

Import-related non-tariff measure, nes

On 4 May 2015, the National Development and Reform Commision issued Notice No. 904 to cancel the market price caps on medicines, except for anesthesia and psychiatric medicines. This policy will be effective on 1 June 2015. 
 
Previously, the price of the medicine in China is highly controled by the government. According to the notice, both local and foreign pharmaceutical companies can now decide their product market price independently. This market liberalization may encourage more innovation and patented medicine to enter China. Numerous pharmaceutical companies and their industry associations have sought the removal of such price controls in foreign markets. 

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

352 Pharmaceutical products
3002 Human blood; animal blood prepared for therapeutic, prophylactic or diagnostic uses; antisera, other blood fractions and immunological products, whether or not modified or obtained by means of biotechnological processes; vaccines, toxins, cultures of micr
300210 Antisera, other blood fractions and immunological products, whether or not modified or obtained by means of biotechnological processes
300220 Vaccines for human medicine
300230 Vaccines for veterinary medicine
300290 Other
3003 Medicaments (excluding goods of heading 30.02, 30.05 or 30.06) consisting of two or more constituents which have been mixed together for therapeutic or prophylactic uses, not put up in measured doses or in forms or packings for retail sale.
300310 Containing penicillins or derivatives thereof, with a penicillanic acid structure, or streptomycins or their derivatives
300320 Containing other antibiotics
300340 Containing alkaloids or derivatives thereof but not containing hormones or other products of heading 29.37 or antibiotics
300390 Other
3004 Medicaments (excluding goods of heading 30.02, 30.05 or 30.06) consisting of mixed or unmixed products for therapeutic or prophylactic uses, put up in measured doses (including those in the form of transdermal administration systems) or in forms or packin
300410 Containing penicillins or derivatives thereof, with a penicillanic acid structure, or streptomycins or their derivatives
300420 Containing other antibiotics
300431 Containing insulin
300432 Containing corticosteroid hormones, their derivatives or structural analogues
300439 Other
300440 Containing alkaloids or derivatives thereof but not containing hormones, other products of heading 29.37 or antibiotics
300450 Other medicaments containing vitamins or other products of heading 29.36
300490 Other
3005 Wadding, gauze, bandages and similar articles (for example, dressings, adhesive plasters, poultices), impregnated or coated with pharmaceutical substances or put up in forms or packings for retail sale for medical, surgical, dental or veterinary purposes.
300510 Adhesive dressings and other articles having an adhesive layer
300590 Other
3006 Pharmaceutical goods specified in Note 4 to this Chapter.
300610 Sterile surgical catgut, similar sterile suture materials (including sterile absorbable surgical or dental yarns) and sterile tissue adhesives for surgical wound closure; sterile laminaria and sterile laminaria tents; sterile absorbable surgical or dent
300620 Bloodgrouping reagents
300630 Opacifying preparations for Xray examinations; diagnostic reagents designed to be administered to the patient
300640 Dental cements and other dental fillings; bone reconstruction cements
300650 Firstaid boxes and kits
300660 Chemical contraceptive preparations based on hormones, on other products of heading 29.37 or on spermicides
300670 Gel preparations designed to be used in human or veterinary medicine as a lubricant for parts of the body for surgical operations or physical examinations or as a coupling agent between the body and medical instruments
369 Other plastics products
3006 Pharmaceutical goods specified in Note 4 to this Chapter.
300691 Appliances identifiable for ostomy use

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