From the 12th World Pharmaceutical Raw Materials China Show held recently, it was learned that in the first quarter of this year, China's chemical raw material medicines have been exported to 160 countries and regions, and exports to Asia, Europe and North America were 2.49 billion US dollars respectively. Of the total investment of 1.62 billion U.S. dollars and 890 million U.S. dollars, the growth in North American market exports was relatively large, accounting for 88.7% of the three major markets.
According to statistics, in 2011, the total output value of China's chemical raw material pharmaceutical manufacturing industry was 308.19 billion yuan, an increase of 25% year-on-year. However, overcapacity and rising costs still plague China's chemical raw material industry.
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