CHINA – HEALTHY FOR HEALTHCARE 

THE OPPORTUNITY

Attention all healthcare businesses! China needs your investment to help it triple its healthcare provision by the end of the decade. China needs foreign support to replace or upgrade many of its 25000 hospitals as of end of March, 2014.

A current pilot scheme has relaxed investment rules allowing the establishment of wholly foreign-funded hospitals, either by acquisition or new build, in seven of its cities and provinces. Currently a $350bn industry McKinsey predict that China’s healthcare market is set to top $1.3trn by the end of 2020.

In addition the move from a complex approval system to a new filing system for health-care services, pharmaceuticals, and the medical devices industry is likely to encourage the sectors continued growth at well over 10% pa for the foreseeable future.

FURTHER DETAILS

By the end of 2014, the population of China reached 1,368bn with over 200m people older than 60s. By 2033 this figure will reach 400m. On top of the ageing population increased personal wealth has generated a demand for more sophisticated medical treatment. The World Health Organisations states that there are over 3million new cases of cancer in China each year, a staggering 22% of the worlds total, and that annual cardiovascular ‘events’ will increase 50% in the next 15 years.

The opportunities in health-care services therefore include hospitals, special hospitals, community hospitals, specialized clinics such as oral cavity, orthopaedics, ophthalmology, obstetrics, and plastic surgery. Pharmaceuticals sector opportunities include medicine, biomedicine, antibiotics, biochemical drug, and radiopharmaceutical etc.

Medical devices include: medical equipment, pharmaceutical machinery. Pharmaceutical business includes: internet medical appliances both software and hardware.

Contact the AGN Firm best prepared to provide further information:
CHINA REGAL CPAs CO. LTD


Contact Person: Mr. Tony Shao | E-Mail: tony.shao@crcpa.cn | Phone: 010 66553366 | Firm website: www.crcpa.cn

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AGN International Ltd is a company limited by guarantee registered in England & Wales, number 3132548, registered office 6 Hays Lane, London Bridge, London SE1 2HB, United Kingdom.
AGN International Ltd (and its regional affiliates; together "AGN") is a not-for-profit worldwide membership association of separate and independent accounting and advisory businesses. AGN does not provide services to the clients of its members, which are provided by Members alone. AGN and its Members are not in partnership together, they are neither agents of nor obligate one another, and they are not responsible or liable for each other's services, actions or inactions.

Copyright © 2020 AGN International Ltd, All rights reserved. You are receiving this because you are a member of AGN International Ltd




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