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Growth of China's innovative drug market reflects global reach

02:41

China's bio-pharmaceutical market now ranks as the world's second largest, with licensing deals for so-called "innovative drugs" surpassing $60 billion in the first half of 2025. The growth reflects the global influence of Chinese-developed drugs. CGTN's Zheng Songwu visited pharmaceutical companies in Shanghai to understand how the sector is gaining international traction.

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