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China’s private hospital revenue expected to triple by 2019

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 Insights

13-Apr-18 The public healthcare system in China is overcrowded, particularly in level III public hospitals. The government has now opened the healthcare system to private investments and the Chinese government is now encouraging physicians to practice at multiple facilities. [image: China Med Device]

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42% of global e-commerce is happening in China

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 Insights

10-Apr-18 China’s digital economy has experienced massive growth in the last decade. In 2008, China accounted for <1% of e-commerce; today its share is 42%. In comparison, the United States’ share is down 10% since 2005, to 25%. [image: McKinsey Global Institute]

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China's first province for imported medical device approval

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09-Apr-18 Imported medical devices can be used in Boao City, Hainan, without CFDA registration approval, if they are approved by the Hainan Province FDA, China's State Council has announced. The policy is to attract western device manufacturers, investors and med-tourists. [image: China Med Device]

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Hong Kong: the new capital of healthtech?

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 Insights

06-Apr-18 Hong Kong is a more accessible place to do business than mainland China for several reasons, including red tape and overhead costs being significantly reduced. Ideal for biotechnology, health technology life sciences, and medical technology companies. [image: Gooruf]

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