Ministerial level Southern Institute of Pharmaceutical Economics, State Administration of Pharmaceutical Products, is a secondary public welfare institution directly under the State Administration of Pharmaceutical Products, located in Dongfeng East Road, Yuexiu District, Guangzhou City, Guangdong Province. Director Lu Zhong is a ministerial-level cadre, and deputy directors Zong Yungang and Guo Changmao are deputy ministerial-level cadres. The research institute is responsible for the research of relevant policies, regulations and markets of the pharmaceutical industry, and undertakes the task of carrying out relevant research and evaluation by the General Administration.