29-Oct-15 The medical contract manufacturer BIT Group has established a second Chinese manufacturing operation in Shenzhen, China, as a joint venture with EDAN Instruments, a Shenzhen-based patient monitoring technology company. “The Chinese medical technology market is expected to grow at double digit rates in the coming years,” said Marius Balger, BIT CEO. [image: Invetech].

21-Oct-15 With a population of more than one billion and a rapidly developing economy, China is set to become the world’s fastest growing healthcare market. Today’s £2 billion trade package for UK exports in research, hospital construction, training, diagnostics and drug discovery shows the huge potential of UK/Chinese Life Science trade. [image: GOV.UK]

24-Oct-15 SK Telecom has signed an MoU with the Wuxi city in China, to open a healthcare center in Wuxi Xinqu Hospital, a major hospital in Wuxi. The new clinical services in Wuxi are intended to serve as a stepping stone for SK to ignite its ICT-based health care business in China. [image: Korea Times]

22-Oct-15 China's recently-announced reform of county-level hospitals is seriously underfunded, according to experts. Fudan University professor Hu Shanlian said "Now that hospitals are no longer allowed to mark up drugs, the drop in their revenue is huge". Hospitals are expected to raise service fees to compensate, however this may also raise expenses for patients, defeating the purpose of the reforms. [image: South China Morning Post]

21-Oct-15 GlaxoSmithKline's chief executive is joining a new panel to promote trade between Britain and China, just over a year after the drugmaker was handed a record fine of nearly USD500 mn (GBP323 mn ) for bribing Chinese doctors. The group has since been rebuilding its position in China. [image: Reuters / Luke Macgregor]