The promulgation of “Opinions on Reforming the Evaluation and Approval System for Drugs and Medical Instruments” by the State Council in August 2015 initiates continuous reform on the evaluation and approval system for drugs and medical instruments in China.To better understand the reform on the evaluation and approval system for drugs and medical instruments in China, this paper retrieves, summarizes and reviews relevant laws and policies from August 18, 2015 to December 31, 2018, in order to conduct a brief analysis on the development trend of policy in the drug industry, providing reference for the industry.