Editing Science and technology in China (section)

==== Pharmaceuticals and medical technology ====
[[File:Artemisinin.svg|thumb|The [[malaria]] drug [[artemisinin]] was developed by Chinese scientists from traditional [[Chinese herbology]] which is part of [[traditional Chinese medicine]].]]
{{Further|Pharmaceutical industry in China}}
[[Merrill Lynch]] predicted in 2011 that China would become the world's second largest pharmaceutical market in 2013 and the largest in 2020.<ref>{{cite web|url=http://articles.marketwatch.com/2011-01-14/markets/30792439_1_drug-makers-drug-industry-drug-market|title=In China drug industry, reward may outweigh risk - MarketWatch|archive-url=https://web.archive.org/web/20130413232805/http://articles.marketwatch.com/2011-01-14/markets/30792439_1_drug-makers-drug-industry-drug-market|archive-date=2013-04-13|access-date=2012-03-22}}</ref> The chief executive of [[Hoffmann-La Roche]] in 2012 stated a few years ago many Chinese life sciences scientists had to leave China but that many were now returning to conditions often better than in the West regarding laboratories, funding, and political support for the industry.<ref>{{cite web|url=http://www.pharmatimes.com/article/12-03-06/China_more_positive_about_pharma_than_many_in_west_-_Schwan.aspx|title=China more positive about pharma than many in west - Schwan|work=pharmatimes.com}}</ref> [[Counterfeit drug]]s have caused a number of scandals as well as being a problem for drug development and authorities have increased regulations and enforcement.<ref>{{Cite journal|last1=Mooney|first1=P.|year=2010|title=China cracks down on counterfeiters|journal=Nature Medicine|volume=16|issue=4|page=360|doi=10.1038/nm0410-360a|pmid=20376025|s2cid=205377696|doi-access=free}}</ref><ref>{{cite news|url=https://www.wsj.com/articles/SB10001424052970204528204577011500428003264|title=China Police Nab Fake-Drug Ring - WSJ|author=Laurie Burkitt|date=2 November 2011|work=WSJ}}</ref>

A 2011 report by [[PwC]] stated that a decade earlier China barely had any presence in the [[medical technology]] industry but its abilities had been rapidly growing. China could well become more important than Europe by 2020.<ref>{{cite news|url=http://www.economist.com/node/17963427|title=Frugal_Healing|date=22 January 2011|newspaper=The Economist}}</ref>