Recent advances in Chinese healthcare technology include the first 3D printed artificial spine and live streaming crucial surgeries and surgical techniques. The healthcare industry today focuses on high-end services, specialty hospitals, and aged care.
Chinese spending on the healthcare industry will grow from 5% to 15% of the nation’s GDP over the next ten years, to an estimated valuation of twenty trillion yuan.
"The healthcare industry chain is complete in both upstream and downstream sectors in European countries and the United States. However, it's still at the beginning stage here," explains Luo Jun, secretary-general of the International Health Industry Forum.