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"But we have to acknowledge that there would be no need for such a dire economic response if we had managed to improve our healthcare response sufficiently," he added.

"By July, around 2.1 million patients have used that direct payment service with total transactions of 17.5 billion yuan (.5 billion) in medical expenses," Xia said.

"China is an amazing country and if you don't visit you cannot understand it," she said.

"China has combined the universal principle of human rights with the country's reality and found a route suited to its own national conditions," he said.

"China is one of our top-priority markets with product launches and potential growth," Saroukos said, adding that the company, which ranked 16th among multinational pharmaceutical companies in China, currently has a window of opportunity due to government healthcare reforms.