18-Jan-17 The CDFA has published “Guidelines for the Preparation of Special Reports on the Application of Innovative Medical Devices" to encourage medical device study and innovation, and to promote new medical device technology. The medical device industry represents massive potential in China with only 14% of the country’s total pharma/devices market, compared with 42% in developed markets. [image: Woke Medical]

18-Jan-17 Private equity firms and hedge funds are investing heavily into China’s healthcare industry in a bet on the sector’s upbeat growth potential. Private hospitals and drug makers are among the bright spots for investors focusing on China, where rising income and an ageing population are boosting the demand for quality medical services. [image: South China Morning Post]

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22-Dec-16 British organisations have signed deals worth more than GBP250 mn (USD308 mn) during the largest ever healthcare trade mission to China. 30 UK organisations participated in the largest ever healthcare mission to China. International Hospitals Group and China’s Dalian Wanda signed a 20 year JV to operate the first of Wanda’s hospitals, Qingdao Wanda IHG International Hospital. [image: GOV.UK]

30-Dec-16 According to China’s leading online travel marketplace, Ctrip, Chinese medical tourism grew to reach 500,000 outbound trips in 2016, and Ctrip's medical tourism business grew by 500%, having been launched in Sep 2015. Health checks made up over 50% of Chinese medical tourism trips in 2016. Among Ctrip’s customers, Japan was the most popular destination followed by Korea. [image: Shutterstock / Jing Daily]