The Future Prospects Of Chinarsquos Medicine Industry Which Has Experienced Sustained Rapid Growth Over The Last Few Years Are Highly Positive In The Next Two Decades The Medicine Manufacturing Industry Will Undergo A Period Of Rapid Development Due To Three Factorsnbspmiddotnbspnbspnbspnbspnbspnbspnbspnbsp New Reforms In Medicine Middotnbspnbspnbspnbspnbspnbspnbspnbsp Policy Support From The 12th Fiveyear Plan Middotnbspnbspnbspnbspnbspnbspnbspnbsp Greater Consumption Of Medicine By An Ageing Populationnbspchinarsquos Ageing Populationaccording To Census Data Chinarsquos Elderly Population Will Reach 248 Million In 2020 Accounting For 1717 Percent Of The Population By 2050 The Number Of Elderly People In China Will Exceed 400 Million Ndash 30 Percent Of The Population Currently The Elderly Account For Half The Medicine Consumed In China As The Ageing Population Grows Medicine Consumption Will Rise At A Correspondingly Rapid Ratenbsp Nbsprising Incomes Stimulate Higher Medical Expenditureas Incomes Rise So Medicine Consumption Per Capita Is Also Increasing Additionally The Demographic Of People Who Consume Drugs Most Frequently The Elderly Is Growing These Two Factors Combined Raise The Level Of Chinarsquos Drug Consumptionnbsppolicy Effects Becoming Evident Medical Reforms Boost Medicine Consumptionthe Establishment Of A Cooperative Medical System In Rural Areas Has Enabled Rural Dwellers Unable To Afford Pricy Treatments And Medicines To Access Healthcare Increased Government Subsidies Mean That Residents Are Now Reimbursed A Greater Percentage Of Their Medical Expensesnbsp This Has Encouraged Those In Need Of Medical Care To Seek Treatment In Hospitals Nevertheless Healthcare Spending Accounted For A Low Proportion Of The Chinese Governmentrsquos Spendingnbsp This Is To Say That There Remains Room To Increase Medical Expenditure And As A Consequence Boost Access To And Consumption Of Medicinenbsp Nbspfolding Carton Boxes Are Easy To Carry Easily Recyclable And Environment Friendly For This Reason Most Medicines On The Market Are Packaged With It Today The Folding Carton Manufacturing Industry Is Faced With Fresh Opportunities To Package Drugsnbspthe Introduction Of The Drug Electronic Monitoring Code Policy Has Given The Folding Carton Packaging Industry The Opportunity To Expand Into Medicine Packaging In 2011 Chinarsquos Fda Decreed That All Basic Medicines Should Have Electronic Monitoring Codes By The End Of February 2012nbsp This Requirement Will Then Be Extended To All Medicines By 2015 At That Time Even The Smallest Package Of Drugs Produced By The Countryrsquos 2152 Drug And Medicine Manufacturers Will Have An Electronic Monitoring Code Nbspfolding Carton Packaging For Medicine Is More Refined Than Regular Carton This Is Why Drug Packaging Manufacturers In Need Of Suitable Processing Equipment Are Keen To Find Of Suppliers Who Can Provide Inkjet Printing Solutions In The Form Of Rapid Precise Inkjet Printersnbspsinofoldingcarton 2012 Will Be A Powerful Showcase Of The Latest Solutions In The Printing Marketnbsp It Will Also Be The Ideal Channel Through Which To Buy Equipmentnbsp The Exhibition Will Feature A Dedicated Electronic Monitoring Code Zone Where The Latest Advances For Drug Electronic Monitoring Codes Will Be Displayed The Trade Show Will Also Feature The Most Popular Solutions On The Market And Highlight Emerging Trends In The Drug Packaging And Printing Industrynbsp Nbspvisitors And Folding Carton Manufacturers Can Get The Information Expertise And Equipment They Need To Enter A New Field Of Drug Box Packaging At Sinofoldingcarton 2012