Updated on 18 July 2013
"Whether it's a domestic or foreign-invested enterprise, once it has violated Chinese law, it will be sanctioned," Mr Shen Danyang said at a news conference.
Chinese regulators for years are said to have been trying to find a solution to the problem of widespread counterfeit drugs and false advertising.
Last August, Chinese police detained almost 2,000 people in a sweep on fake drugs, seizing more than $180 million worth of counterfeit products and destroying some 1,100 production facilities.
The seized fake drugs purported to deal with illnesses ranging from diabetes to high blood pressure and rabies and had been advertised on television, online and in newspapers.
Beijing also promised to clean up its act following the deaths of at least 149 Americans who received contaminated Chinese supplies of the blood-thinner heparin in 2008.