China Launches Cross-Border Pharmaceutical Procurement Platform
China has taken a significant step towards expanding access to quality medicines and strengthening healthcare ties with Southeast Asian nations with the launch of its first cross-border pharmaceutical centralized procurement platform.
The platform, launched on January 9th in Fangchenggang, Guangxi Zhuang autonomous region, marks a major milestone in healthcare collaboration between China and members of the Association of Southeast Asian Nations (ASEAN).
Under the guidance of China's National Healthcare Security Administration (NHSA), the platform will manage the entire procurement process for medicines and medical supplies, from bulk buying to account settlement. This initiative aims to deepen cooperation with members of the Belt and Road Initiative, particularly ASEAN nations, offering new opportunities for collaboration in healthcare and enhancing the well-being of people in both regions.
The platform also aims to accelerate the development of the International Medical Opening-up Pilot Zone (China) in Fangchenggang, established in 2019 near the China-Vietnam border. This zone focuses on medical innovation and international healthcare cooperation, particularly with ASEAN nations and members of the Shanghai Cooperation Organization.
Leveraging its proximity to ASEAN countries, Guangxi plans to transform the platform into a hub for information exchange, technology sharing, trade facilitation, and talent development. This will streamline the entry of Chinese medicines and medical supplies into ASEAN markets while exploring innovative methods for overseas drug purchases.
The platform is expected to meet the needs of Guangxi residents seeking treatment outside their home province, insured individuals requiring real-time online medicine purchases, and cross-border patients from ASEAN countries. Experts and industry representatives from Thailand, Cambodia, Malaysia, and other ASEAN nations convened with Chinese representatives for a seminar on China-ASEAN pharmaceutical procurement on the same day.
10 Comments
Karamba
The collaboration between countries can boost medical innovation and improve the quality of life.
Matzomaster
It's about time we bring down barriers to accessing needed medications. This is a step in the right direction.
Rotfront
We should embrace this initiative for the potential it has in empowering local healthcare systems.
Matzomaster
What happens to local pharmaceutical businesses when the Chinese products flood the market?
Rotfront
This feels like an attempt to monopolize healthcare in the region. What happened to competition?
Katchuka
I love that the platform aims to prioritize patient needs, especially for cross-border patients!
KittyKat
Great move by China! Strengthening ties through healthcare is a win-win for everyone involved.
BuggaBoom
Are we sure the medicines will be tailored to the specific needs of our communities?
Eugene Alta
Does this platform have any plans for transparency in pricing and availability of medicines?
BuggaBoom
Kudos to China for taking this step! We need more international efforts to tackle healthcare challenges.