28-Apr-17  As the overall level of affluence in China has increased an increasing proportion of households has reached the level where they are commercially attractive to international marketers, typically income of >USD20k. In 2016 there were 32 cities with 100,000 households of >USD50k income. With the exceptions of Chongqing, Wuhan, Chengdu, Changsha and Kunming, they are located in the east. [image: Global Demographics]

28-Apr-17 The World Economic Forum plans pilot programs of a new healthcare model that would pay for treatment based on how well it works rather than volume of care. Signatories include Novartis, Takeda, Medtronic, Kaiser Permanente, Qualcomm's health-data unit, and health officials from the Netherlands and Britain. Regional pilots are planned for The Netherlands, Singapore and China. [image: Reuters]

21-Apr-17 Xinjiang isn't widely regarded as a medical tourism destination by Chinese. But for people from Central Asia, it's a different story. Xinjiang's medical industry has become a promising part of the Belt & Road Initiative. As the regional capital, Urumqi boasts dozens of medical institutes and diversified traditional medical resources, including Traditional Chinese Medicine (TCM), Uygur medicine, and Mongolian medicine. [image: news.cn]

20-Apr-17 As China develops, it struggles to deal with wrenching healthcare challenges. It produces few breakthrough innovations in medicine and healthcare technology. New investments and policy reforms, however, could transform China into one of the top R&D hubs. The Chinese government recently enacted new programs to stimulate entrepreneurship, bolster domestic research institutions, and promote innovative approaches to upgrading the healthcare system. [image: Techonomy / Shutterstock]

14-Apr-17 Healthcare reform in China could be a major boon to Medtronic, says CEO Omar Ishrak who told the China Daily "in 10 years, probably, the Chinese market would have outpaced the US market." Ishrak added, Medtronic would open a heart-valve manufacturing site in Shanghai, saying "the facility would help relieve the shortage of such valves in China and globally." [image: Medtronic]