Several Opinions of the General Office of the State Council on Improving the Drug Price Formation Mechanism​​​​​​​​​​​​​​​​

The General Office of the State Council issued several opinions on March 30, 2026, on improving the drug price formation mechanism. The focus is on establishing a market-led pricing system for pharmaceuticals, covering innovative drug pricing, medical insurance payment standards, bulk procurement, and price monitoring, in order to ensure affordable drug access for the public while supporting high-quality development of the pharmaceutical industry.​​​​​​​​​