In the afternoon of October 19, 2015, Professor Ming-Wei Wang, Dean of School of Pharmacy, Fudan University and Director of the National Center for Drug Screening, delivered an invited lecture at the 10th Asian Federation for Medicinal Chemistry (AFMC) International Symposium entitled “Innovative approaches for drug discovery and development”. He introduced the current status of China’s drug discovery endeavor. The event is organized by the Pharmaceutical Society of Korea.