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The NRDL, a compilation that has existed for two decades, is part of the Chinese government’s plan to make health care affordable and accessible under the country’s socialist principles. Formally adopted in 2017 as an annual list, it forms part of the “common prosperity” aspiration pledged by President Xi Jinping.
Pharmaceutical firms have agreed to cut prices by 61.7% on average for 67 medicines to be included in China's national medical insurance coverage in a new round of negotiations, Chinese authorities said on Friday.