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New 'golden age' expected as China finalises regulations for drugs sold online


02-Apr-15 China has completed the constitution of its much-anticipated new regulations for online drug retailing. Once the provisions on deregulation of prescription drugs and loosening of distribution conditions are implemented, a 'golden age' for medical e-commerce companies is expected to begin. The medical e-commerce sector has been valued at RMB7 bn (USD1.1 bn) in 2014. [image: Xinhua Finance]

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