China has become the second largest consumer of medicine in the world, an official at China Food and Drug Administration (CFDA) said Wednesday.

 

中国食品药品监督管理总局的一位官员周三表示，中国已成为世界上第二大药品消费国。

 

According to Wu Zhen, deputy director of CFDA, the main business income of China's 5,000 pharmaceutical¹ companies has reached 2.5 trillion yuan (370 billion U.S. dollars).

 

Up to 50 of the companies are certified² in Europe or the United States, and their export volume surpassed 13.5 billion U.S. dollars, Wu said.

 

Wu said the CFDA's efforts to speed up the process of new drug approval and clear the backlog³ of applications have paid off.

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