China will refine its drug pricing system with 14 measures, according to a State Council document released on Apr 14, Xinhua reported. Key steps include optimizing launch pricing for innovative and newly listed drugs, leveraging醫保 payment standards to guide pricing, and encouraging pharmacies to set reasonable retail prices, while strengthening supply and price stability for shortage medicines. The plan also calls for enhanced governance, including price risk monitoring and early-warning systems

2026-04-14

China will refine its drug pricing system with 14 measures, according to a State Council document released on Apr 14, Xinhua reported. Key steps include optimizing launch pricing for innovative and newly listed drugs, leveraging醫保 payment standards to guide pricing, and encouraging pharmacies to set reasonable retail prices, while strengthening supply and price stability for shortage medicines. The plan also calls for enhanced governance, including price risk monitoring and early-warning systems, stricter enforcement against manipulation, full-chain audit oversight, and a drug value assessment system, aiming to keep prices within a reasonable range.