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China launched a regional medical trading platform in Jan 2026, boosting exports and global health partnerships.
In 2025, China's pharmaceutical and medical device exports hit $100.895 billion, driven by a rise in higher-value products like innovative drugs and advanced devices.
Cross-border out-licensing deals jumped to $135.7 billion across 157 deals, up from $51.9 billion in 94 deals in 2024, reflecting growing global confidence in Chinese medical innovation.
In January 2026, China launched the China-ASEAN Regional Medical Products Trading Platform, completing its first transaction—worth over 10 million yuan—between Qilu Pharmaceutical and a Thai buyer.
The platform now includes 224 Chinese companies and has drawn procurement interest from countries including Vietnam, Mali, and Thailand.
Additional trade platforms, such as one in Xinjiang for Central Asia and a planned one in Ningbo for Central and Eastern Europe, are expanding China’s global health market reach and strengthening international healthcare partnerships.
China lanzó una plataforma de comercio médico regional en enero de 2026, impulsando las exportaciones y las asociaciones globales en salud.