The Interpretation clarifies issues concerning conclusion of contracts, validity of contracts, performance of contracts, termination of contractual rights and obligations, and liability for breach of contract.
China is serious about healthcare reform. New top-level guidelines will significantly reduce hospital revenue from medicine sales and promise more orders for medical equipment makers
China's policy on essential medicines will be overhauled as part of wide-ranging healthcare reforms. This may lead to the demise of many local pharmaceutical companies but opportunities in traditional Chinese medicine