Yearender 2015: Top 10 policy changes in China

Customers shop at a pharmacy in Ningbo, Zhejiang province May 5, 2015. [Photo/IC]

Price control on most medicines lifted

China has lifted price controls on most medicines since June 1 with the intention of creating a more market-driven pricing system that will help keep medical costs in check.

Only narcotics and some listed psychotropic drugs continue to be controlled by the government, with ceiling retail prices.

Public health departments must boost supervision on medical institutions and check improper medicine and medical equipment use, as well as excessive checkups and treatment, according to a notice issued in May.