In the first two months of 2007, the profits of the Chinese pharmaceutical industry rose sharply by 26.37% reaching CNY 4,529 million, according to official statistics.  The revenues of the industry rose 15.94% during the period reaching CNY 63,513 million. 

The profits of the pharmaceutical chemical finished products sector rose particularly fast in the first two months of 2007 at 30.49%, despite more price cuts on drug products in the period.  However, the government price cuts in the period targeted mainly common-used generic drugs, and were benign on new and originator drugs.  In some cases, NDRC even raised prices of selected new drugs.