British media say Western pharmaceutical companies focus on shifting to China, what are the reasons for the shift?

The two main reasons are that the Chinese market is expanding further and that the country has the ability to innovate.

With the increase in global trade, more and more partners are establishing good cooperation with Chinese companies. Many of China's pharmaceutical companies have demonstrated very high quality capabilities and performance, which are naturally recognized by their western partners. According to the relevant information revealed by the British media, western pharmaceutical manufacturers will shift their focus to China, and attach more importance to the innovation ability of Chinese enterprises.

The first reason: China's pharmaceutical market is expanding further

With China's growing population, many people seek the help of doctors after they fall ill. China has a very large population base, which naturally makes the Chinese pharmaceutical market is further expanding. Coupled with the relative stability of the environment in China, many Western pharmaceutical companies see the advantages of the Chinese market, they will carry out a full intention and understanding, and will gradually shift the focus of work to the Chinese pharmaceutical market.

The second reason: China's pharmaceutical companies are showing their innovative strength to the world

In fact, many of China's pharmaceutical companies are becoming more and more influential globally, which has led to some of them cooperating with their global partners, who are also able to fully realize the innovative ability of Chinese companies. While Chinese pharmaceutical companies are producing products, they are also conducting research and development of new drugs, thus demonstrating the influence and innovation of Chinese pharmaceutical companies. When Chinese companies show a different development trend to foreign companies, they will naturally target the Chinese market in order to gain further revenue.

In general, technological innovation is what gives us the confidence to work with technology companies and good governance. Once upon a time, China faced very difficult development challenges. Nowadays, China is showing a rising trend, with several industries experiencing rapid improvement. When an industry has the ability to innovate, it is natural for western pharmaceutical companies to shift their focus.