Thirty Years of Turbulence - Chinese Enterprises

作者：admin  点击次数：4  发布时间：2026-03-11

Low cost counterfeit drugs rush into the public healthcare system through high kickbacks, naturally bringing enviable corporate benefits, while local governments allow it for economic development. By the beginning of 1985, fake drugs had become rampant in Jinjiang, and even the town's industrial and commercial office had established a health beverage factory to produce and sell fake drugs. In order to produce fake drugs in a safer and more legal manner, Jinjiang people have also come up with the method of joint venture factories. They cooperate with some state-owned factories in Xiamen and Shaanxi that are on the brink of difficulties, forging approval documents under the name of setting up branch factories or joint ventures to produce fake drugs. After the door of desire is opened, without legal constraints, imaginative evil will grow wildly like weeds.

On June 16, 1985, the People's Daily published an explosive news report titled "The Terrifying Case of Fake Drugs in Jinjiang, Fujian", which disclosed the situation and reasons for the production and sale of fake drugs in Jinjiang. It claimed that the local fake drug factory produced more than 100 types of fake drugs, with a total of over 100000 boxes and sales of more than 35 million yuan. More than 1000 people participated in the production and sale of fake drugs. In addition, it forged 105 drug approval numbers from the health administrative department and printed tax invoices without authorization. Afterwards, relevant departments continued to investigate, and the media continued to follow up and expose the situation. The whole country was in turmoil, and Jinjiang became synonymous with "fake drugs" and "scammers". As a result, for a long time, local people only claimed to be from Quanzhou when going out for business, and dared not mention the word "Jinjiang". In this anti-counterfeiting storm, Xiang Nan was implicated and resigned from office.