largest, state-run medical enterprises with its headquarters in Beijing and is governed by the State Pharmaceutical Administration of China (SPAC). The Guangzhou Corporation is a regional headquarters in Southern China, a highly economically developed area. The corporation was established in 1952 and has more than 45 years of experience in the domestic and international medical supply business. The company has more than 20 subsidiaries with over 1,000 employees in the headquarters. It supplies more than 8,000 domestic and imported products including pharmaceuticals, drugs, medicines, ready-made Chinese medicines, medical diagnostic and therapeutic instruments, diagnostic reagents and test kits, fine chemical materials, laboratory glassware, healthcare products, and research equipment. The company is also the largest business partner of many American pharmaceutical and medical companies.