Skip to content
ChinaCSR.com logo

Corporate Social Responsibility & Sustainability in China

Corporate Social Responsibility in China

Beijing Pharmacies Form Retail Business Health Alliance

November 12, 2010
-
Health

Beijing's pharmacy chain operators, including Cachet, Golden Elephant, Yishou Baixing, Haodekuai, and Jewim Pharmaceutical have jointly initiated a pharmacy alliance, which is the seventh pharmacy alliance in the provincial-level market in China.

The Beijing pharmacy alliance includes 23 drugstore chain retailers with over 800 stores, and their total annual sales are more than CNY3 billion. The members of the alliance will implement joint procurement from first-tier manufacturers, and will become joint agencies of second- and third-tier manufacturers to reduce procurement costs and improve the supervision over the medicine quality.

The alliance will also lead the standardized operations of pharmacy retail chain stores. In addition, it will offer long-term health tracking, medical consulting, and health lectures to residents in Beijing.

Zhou Li, first chairman of the alliance and general manager for Cachet, told local media that during the process of China's medical reform, the retail drugstores have already faced competition from their peers and from different industries. The establishment of Beijing pharmacy alliance aims to create a scale effect in Beijing's pharmaceutical retail market and gain greater voice in the face of competition.

Tags: Cachet, drugstore, Golden Elephant, Haodekuai, Jewim Pharmaceutical, manufacturer, manufacturing, medicine, pharmaceutical, pharmacy, Yishou Baixing

Readers also read this:

Green Manufacturing Is Zoomlion's Sustainability Promise

May 26, 2022

AXA Pledges Support For WWF's Earth Hour

April 23, 2022

Vitasoy Donates Beverages To Hong Kong Fire Services Department

April 13, 2022

Recognition For Midea Group's Sustainability Efforts

April 2, 2022

Inclusive Work Environment Is Quhuo's Special Delivery Workforce Aim

March 2, 2022

The University of Manchester China Centre Launches Carbon-Neutral Office Program

February 12, 2022
  • About Us
  • Contact Us
  • Corrections and Disclosure Policy
  • Privacy Policy
  • Terms & Conditions
  • 中文
Menu
  • About Us
  • Contact Us
  • Corrections and Disclosure Policy
  • Privacy Policy
  • Terms & Conditions
  • 中文

Copyright 2022 © ChinaCSR.com. All Rights Reserved. A service of Asia Media Network. If you would like to syndicate these articles and posts, please utilize the RSS feed for this online publication, which provides a brief summary of each post with a link back to the original article. Posting of any other part of the articles or posts on this website for commercial purposes created by ChinaCSR.com, in whole or in part, is expressly prohibited without express written permission from ChinaCSR.com. Individual news stories curated from other sources are copyright their respective sources.

Asia Media Network