China’s pharmaceutical market is the world’s second largest, forecast to grow annually at 9.1 per cent from US$108 billion to US$167 billion by 2020, according to the US’ Department of Commerce. Photo: Reuters

China Resources unit mulls US$377m fund to ride on health care sector growth

China Resources Pharmaceutical will commit 12.21 per cent of the capital for the fund, whose partners include other related companies and Structure Reform Fund

Topic |   Stocks

TOP PICKS

China’s pharmaceutical market is the world’s second largest, forecast to grow annually at 9.1 per cent from US$108 billion to US$167 billion by 2020, according to the US’ Department of Commerce. Photo: Reuters
READ FULL ARTICLE