Caixin
Jul 06, 2023 04:39 AM
BUSINESS

Commerce Minister Encourages More Investment by Foreign Drugmakers

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Wang Wentao
Wang Wentao

(Bloomberg) — China’s Ministry of Commerce met with some of the world’s leading drugmakers to discuss their business operations as Beijing ramps up efforts to entice foreign investors to revive a cooling economy.

Commerce Minister Wang Wentao held a roundtable Wednesday with 12 companies including pharmaceutical giants Pfizer Inc., Merck & Co. and AstraZeneca Plc as well as medical device maker GE HealthCare Technologies Inc., the ministry said in a statement.

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