Global drug giants double down on China amid trend to build self-reliant supply chains

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AstraZeneca is investing $15 billion in China by 2030, establishing new drug manufacturing facilities in Guangzhou and Shanghai, and an innovation center in Shanghai. This move, announced during UK Prime Minister Keir Starmer's visit, reflects a trend of foreign pharmaceutical companies increasing local production in China. The Guangzhou facility will produce radioconjugate cancer drugs for China and the Asia-Pacific region, while the Shanghai plant will focus on cell therapy. The innovation center will be located in the Zhangjiang Hi-Tech Park. These investments are driven by China's manufacturing capabilities, integrated supply chain, cost advantages, and the companies' long-term commitment to the Chinese market.
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