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Chinese Premier Li Keqiang is on a state visit to the Australian capital Canberra.
This will function as a centralized customs clearance, warehousing, and fulfillment facility for Malaysia and the region.
India and China are expected to consume medicines at a faster rate than any other country over the next five years.
Washington had earlier taken on a more aggressive stance following the rocket engine test.
Saudi Arabia is hoping to sign a free trade deal with China in the coming months.
The deal is designed to balance trade between the two countries.
One particular area of focus has been the development of fifth-generation stealth fighter aircraft.
Both China and Russia say the six-party talks are the only way to defuse tensions in the Korean Peninsula.
BRICS want to protect the flexibility in TRIPS and support the UN's High-Level Panel on Access to Medicines.
Parts of major components of the advanced anti-missile system began arriving in South Korea on Tuesday.