| The Development of the Healthcare Industry in China This article was developed for inclusion in the China Briefing, Business Guide for Beijing to be Published in 2005. Author: David Wood |
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The Chinese healthcare industry is the largest healthcare marketplace in the world and this is true whether you measure it in terms of existing facilities and consumers as or in terms of its potential growth.? The high level of attention the market is receiving currently has also been stimulated by two major trends impacting healthcare simultaneously.? Internationally, it is recognized that the Chinese healthcare marketplace represents an inviting opportunity for western investors to get into the healthcare sector of the Chinese economy.?? Simultaneous with this increased awareness of the healthcare market place, the government has issued a series of regulatory changes which open the healthcare marketplace to foreign investment; allow and encourage the creation of private healthcare facilities and specify required improvements in existing healthcare facilities to raise the overall standard of healthcare in the country.? The impact of these two trends, the accelerated growth of the Chinese economy and the efforts to reform the healthcare system, has been a heightened interest in the Chinese healthcare industry. It is anticipated that this will eventually result in the creation of a greatly expanded private healthcare system and will improve the overall services and facilities of the public healthcare system. To view the entire report, click here. |
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