22-Jul-16 Hkable Biological 3D and the China’s Fengdu County government have signed an agreement which will see them build China’s first 3D printing factory for medical products. The factory will be located in the municipality of Chongqing, Southwest China. [image: 3ders.org]
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22-Jul-16 China must take steps to overhaul its healthcare sector as expenditures will be difficult to sustain in a slowing economy, says a World Bank report. The study found that expenditures would grow 9.4% annually from 2015 to 2020, while GDP is projected to grow at 6.5%, meaning health costs would rise from 5.6% to over 9% of GDP by 2035. [image: How Hwee Young / European Pressphoto Agency]
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21-Jul-16 Singapore's biggest healthcare provider Raffles Medical Group will spend SGD1 bn (USD737 mn) over the next three years to set up hospitals and clinics in Asia, group chairman and co-founder Loo Choon Yong said. About SGD600 mn will be used to spur growth outside Singapore, particularly in China, where an ageing population and reforms are expected to boost demand. [image: Raffles Medical Group/ST File]
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19-Jul-16 Chinese people, now becoming increasingly tech-savvy, are embracing Internet-based medical care, according to a recent survey by Accenture. 70% had opted for online medical services via a mobile app or WeChat. 75% had searched for medication and information on medication online. Up to 60% said they had used “online doctor” consulting services. [image: Long Wei / China Daily]
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10-Jul-16 In a medical power shift in Asia, China is catching up fast with Korea and even Japan. Although it is still unclear how much money China spends on medical R&D, the country now makes up 20% of the world's total R&D expenditures, second only after the US (27%), according to the 2016 Science & Engineering Indicators report. [image: Korea Times / Jung Min-ho]
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