Hong Kong is establishing a new medical products regulatory body, which will be led by Li Zili, a former official from the US Food and Drug Administration. This new center aims to expedite the clinical use of advanced medicines and medical devices by implementing a proactive evaluation process. Li Zili's appointment is for a three-year term, and the center is expected to be operational later this year. AI
RANK_REASON Significant regulatory appointment and establishment of a new government body. [lever_c_demoted from significant: ic=1 ai=0.1]
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