Market News | HKTDC Hong Kong International Medical and Healthcare Fair

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Medical Supplies & Medicine - Hong Kong Trade Associations
Apr 2025

This page lists the contact information of Hong Kong trade associations related to medical supplies and medicine.

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2025 Edition of Chinese Pharmacopoeia to Enter into Force in October
Apr 2025

On 25 March, the National Medical Products Administration announced that the 2025 edition of the Pharmacopoeia of the PRC will enter into force on 1 October. All marketing authorisation holders and all drugs produced and marketed must comply with the publication’s requirements. Assessments must be made on whether or not drug registration standards meet the relevant standards of the pharmacopeia’s new edition. If changes need to be made to the drug registration standards, supplementary paperwork should be submitted before the date of implementation of the new edition so that changes can be made according to requirements. If the changes involve drug prescriptions, production technologies, raw materials, excipients or packaging materials and containers in direct contact with drugs, verification must be carried out in accordance with the requirements of the Measures for the Administration of Drug Registration, the Administrative Measures for Drug Post-Marketing Changes (For Trial Implementation), and relevant technological and quality management specifications. Changes will be implemented after record-filing.

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Guidance Issued on Promoting High-Quality Development of Chinese Medicine Industry
Apr 2025

On 20 March, the State Council released guidelines to improve the quality of Chinese medicine and promote the Chinese medicine industry’s high-quality development. These call for greater efforts to protect and utilise Chinese medicine resources, develop systems for ecological planting and breeding, improve circulation and reserves, and accelerate the industry’s transformation and upgrading. These efforts are expected to optimise the overall structure of the Chinese medicine industry, improve the quality of medicines manufactured, and foster high-quality varieties and brands. Efforts will also be made to enhance preparation and usage of Chinese medicine. Science and technology innovation will be promoted to build research and development capacity, strengthen quality control, improve standards and supervision, and promote opening up and development in the industry.

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China Announces New Rules for Domestic Production of Medical Devices
Apr 2025

On 18 March, the National Medical Products Administration announced and put into practice a raft of measures to optimise the domestic production of “imported” medical devices. The announcement broadens the eligibility criteria for domestic manufacturing of such devices. Previously, only foreign-invested enterprises directly established by original registrants were eligible. The updated policy now includes “enterprises that share the same actual controller as the original registrant”. Documentation requirements for registration have also been refined. If the applicant and registrant are the “actual controller”, they must explain and provide documentary proof of equity relationships. Furthermore, inspection requirements under the registration system have been optimised. Besides verification of an applicant’s status, attention is paid to the actual equivalence between domestic and imported quality management systems at the time of a product’s design and development. Priority will be given to the registration and issuance of production permits for the domestic manufacture of imported innovative medical devices.

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Hong Kong and Hainan Sign Memorandum of Co-operation on Economic and Trade Exchanges
Apr 2025

On 26 March, the government of Hainan province and the government of the Hong Kong Special Administrative Region signed a Memorandum of Co-operation in Boao in a move aimed at helping the two places combine their advantages, deepen economic and trade exchanges, and consolidate industrial and supply chains to promote economic and trade integration between China and ASEAN (the Association of Southeast Asian Nations). The two sides agreed to deepen collaboration in areas such as medicine, finance and trade, tourism and culture, and data services. Companies from the Hainan Free Trade Port are encouraged to issue bonds in Hong Kong, while high-quality companies from the Hainan Free Trade Port will be given support in getting listed in Hong Kong. The safe and orderly flow of data will allow the two sides to co-operate in promoting data services. Support will be given to Hainan’s tourism industry to commence joint international marketing efforts and jointly develop products for multi-destination tourism in collaboration with Hong Kong’s travel trade and aviation sector. Under the framework of the CEPA Agreement on Trade in Services, steps will be taken to expand opportunities for Hong Kong’s professional services sector while lifting standards of internationalisation in Hainan’s. Support will also be given to major economic sectors, state-owned enterprises and institutions in the Hainan Free Trade Port to recruit the services of Hong Kong professionals or institutions.

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Updated Guidelines for Trials of Medical Devices Effective from 1 May
Apr 2025

The Key Points and Determination Principles for Clinical Trials of Medical Devices has been revised by the National Medical Products Administration, with a view to better regulating clinical trials and inspections of such devices. Details are available in an announcement issued by the NMPA on 12 March and the updated guidelines will take effect on 1 May.

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Minimising Downtime and Maximising Access Priorities for US Health Sector
Mar 2025

Downtime is costly in the medical sector, so minimising the time resources sit idle was a hot topic at Texas’ Healthcare Facilities Symposium.

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MALAYSIA: US Medical Glove Market Targeted Amid New China Tariffs
Mar 2025

Malaysia could capture an additional 10% of the US medical glove market after Washington imposed an extra 10% tariff on all imported Chinese goods from 4 February 2025, according to analysts. China-made medical gloves already face high US tariffs, with the Biden administration raising the levy to 50% in 2025 and 100% in 2026. With the latest tariff increase under the Trump administration Chinese gloves will be hit with a tariff of 60% in 2025 and 110% in 2026, making them less competitive. The tariffs could prompt US distributors to shift from Chinese glove manufacturers to Malaysian producers.

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US Looks to Innovative Solutions to Meet Elderly Healthcare Challenges
Mar 2025

New technology can help the US medical sector deal with soaring demand for enhanced elderly care amid continuing staff shortages.

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China Promotes Development of Inclusive Senior Care Services
Mar 2025

The National Development and Reform Commission and other government agencies released a raft of measures on 28 February to promote the high-quality development of inclusive senior care services. Steps will be taken to expand the content and scope of such services and to provide more sustainable and more inclusive services through government support, profit-sharing with enterprises, family contributions and social participation.

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