Asia Perspective’s Industry Insight Reports is issued up to 12 times per year and features hot business topics and recent developments within emerging Asian markets.
Healthcare in China: Lack of Substantive Change But Increasing Opportunities for Foreign Investments
The Chinese healthcare sector continues to develop at an extraordinary pace, with health care spending expected to top $1 trillion USD in 2020.
Thanks to its rapid growth in recent years, China has emerged as the world’s largest consumer market for food and beverage (F&B), surpassing the United States in 2011 and making the Chinese market increasingly appealing for foreign brands as consumers’ behavior shifts.
Although the global market for non-ferrous metals is not promising, China is taking actions to revive the market.
Due to rapid growth, China is expected to overtake Japan’s placeas the largest healthcare sector in Asia-Pacific, making the Chinese market increasingly interesting going forward.