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Online medicine sales soar in China
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ONLINE medicine sales are emerging as a new promising business in China thanks to easy accessibility and fast delivery.
Figures from the China Food and Drug Administration show that online medical sales hit 6.8 billion yuan, or more than US$1 billion, last year, compared to US$700 million in 2013.
And the number of online pharmacies in the country has exceeded 300.
Meanwhile, industry insiders are urging adoption of strict rules for the sound development of the sector.
Wu Yonghao, secretary general of the Drugs and Health Committee of the Internet Society of China.
"When that happens, people will have a much easier time buying medicine. But that must go hand in hand with strict rules on Internet security and doctors' credibility."
The China Food and Drug Administration has issued a draft regulation for regulating online drug sales.
If passed, it will permit online sales of prescription drugs.
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