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Established in 1981, China National Pharmaceutical Foreign Trade Corporation (SINOPHARM FOREIGN TRADE) is a wholly-owned subsidiary of the largest Chinese Pharmaceutical enterprise -China National Pharmaceutical Group Corporation (SINOPHARM Group).By the end of 2010, China Sinopharm International Corporation was formed on the basis of SINOPHARM FOREIGN TRADE together with CNSC and CTPFTC. The corporate reorganization is considered as an important step forward for SINOPHARM Group’s strategic implementation.
SINOPHARM FOREIGN TRADE’s major business covers domestic and overseas medical industrial investment and international trade of pharmaceutical products. It has introduced and distributed a great number of foreign medical products into Chinese market meanwhile continuously making configuration of the domestic export bases to ensure a sustaining exportation of Chinese pharmaceuticals. It also provides other value added services including information consulting and public bonded warehouse businesses.
SINOPHARM FOREIGN TRADE has been listed in the top 500 Chinese Import & Exportcompanies since 1991. In 2003, it became the first company in Beijing that obtained Municipal Drug GSP certificate approved by Beijing SDA. Later it became one of 11 AA foreign trade companies awarded by Beijing Customs and was listed in one of 155 Credible Import & Export Companies by China Customs. The company hasalso been issued with ISO9001:2000 and ISO9001:2008 certificate by SGS in 2004 and 2008 respectively.