Based on the above analysis, the future development trend of China’s plant extract industry is optimistic. It is estimated that by 2025, the market size of China’s plant extract industry will reach 15

All elephants are revived and renewed. The international exchange of favorable policies continue to be introduced, the global market incremental demand continued to release. As the world’s top API producer and exporter for many years, China’s API exports maintained good growth in 2022, with annual API exports reaching 51.79 billion USD, up 24% year-on-year; export volume of about 11.94 million tons, up 8.74% year-on-year, and average export unit price up 35.79% year-on-year, maintaining a steady growth trend since the epidemic.

With local pharmaceutical companies giving full play to their advantages in the three tracks of APIs, generics and innovative drugs, and actively laying out international development, the era of collective going to sea has arrived! The State Council meeting on April 7 this year also pointed out that the promotion of foreign trade to stabilize the scale and structure, on the one hand, to “stabilize exports to developed economies”, on the other hand, to “further develop the markets of developing countries and regional markets such as ASEAN”. This powerful policy combination, not only to further stabilize market expectations, but also to promote sustained overall improvement in economic performance to boost confidence, but also to the healthy development of foreign trade in medicine to inject a strong heart.

In the process of revitalizing the economy and achieving high-quality development, for the pharmaceutical industry, face-to-face display communication is still indispensable. As an important stage for pharmaceutical companies to promote their brand image and introduce new technologies and products to the world, the 21st CPHI China, organized by Informa Markets and China Chamber of Commerce for the Import and Export of Medicines and Health Products (CCCMHPIE) and co-organized by Sinoexpo Informa Markets, will be held in Shanghai, China. The 21st CPHI China and the 16th PMEC China will be held in Shanghai New International Expo Center from June 19-21, 2023. CPHI & PMEC China will be held in Shanghai New International Expo Center from June 19-21, 2023, with a total exhibition area of 200,000 square meters, attracting more than 3,000 exhibitors and 55,000 visitors from home and abroad!