Long-Term Development Strategy of Qifoshan Pharmaceutical (1999)
The development strategy is a programmatic document that guides the development of the company. To formulate it, you must be familiar withthe international and domestic macroeconomic situation; you must understand the national industry guidance policy; and it must be based on a fullinvestigation of the market. Especially for my country's pharmaceutical industry market, the policy is relatively familiar. Seven Foshan Pharmaceutical'sPlanning Department has been conducting a survey of second-hand data since March 1998, and has looked up a lot of valuable data. At the same time, I visited the company's advisory committee, combined with the market research conducted in recent months, and considered the company's developmentneeds. A preliminary development strategy report was prepared and submitted to the company’s board of directors for review and recommendations.
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