Healthcare - 4Q19 Sector Overview
Technology Enabled Healthcare and Elderly Care Services See Increased Focused
In the last quarter of 2019, the Chinese government has continued its focuson increasing the drug supply. In November, State Council released fillingsrequiring local governments to implement the quantity-based drugprocurement program by the year-end of 2019, and is adding more drugs intothe program. Several provinces and cities also are trialing the similar bulk-buying program on medical consumables.
Other developments include the pass of the Basic Healthcare and HealthPromotion Law. This is the first comprehensive law for the healthcare industryin the Mainland, which will take effect from June 1, 2020.
For more information about major Chinese healthcare sector highlights andevents, download our Q4 China Healthcare Sector Overview.
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