Page 350 - 2020 White Paper on the Business Environment in China
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0 White Paper on the Business Environment in China
service supplying and improve people’s wellbeing. we will offer more medical practices online
Deepening reform of the medicine and healthcare with the help of the 5G technology, in remote
system and actively promoting the development of demonstrations of surgeries,” said Tian Junzhang,
private hospitals will help meet people’s needs for president of the Guangdong Provincial Second
medical services, better stimulate market vitality People’s Hospital. With the rapid advancement
and unleash service consumption potential, said of science and technology, especially in the
a statement released after the meeting. Space development of artificial intelligence and 5G
for the development of private hospitals should technologies, China is approaching the “era
be expanded, it said, adding that government of centenarians”, and the health and medical
departments should not impose restrictions on industries will continue to grow as they converge
the aggregate volume as well as layout of private with neighboring industries, according to a report
hospitals. The decision was made at a State released by CEC Capital in 2019 (Qiu).
Council executive meeting chaired by Premier Li
Keqiang in May 2019. The meeting also required The same report claimed that precision
enhancing approval efficiency for private hospitals medicine and personalized treatments will
and that all localities should establish a cross- become the biggest trends in the diagnosis and
department approval mechanism by 2020. China treatment industries around the world. The effects
will beef up policy support for private hospitals of many critical illnesses that were believed to be
and treat them equally with public ones in terms of incurable, such as cancer, will be minimized. China
interprovincial on-the-spot settlement of medical is working to cooperate and synchronize its efforts
bills through basic medical insurance accounts. with global industry leaders, and is redesigning
Private hospitals will be encouraged to conduct outdated mechanisms for distributing medical
cooperation with public medical institutions in services and pharmaceuticals so as to provide
developing Internet Plus Healthcare models and services to more patients, and at the same time,
carrying out remote medical services, according to China’s distinctively large streams of patient data
the statement. Private hospitals providing services could play an instrumental role as China takes an
in communities will enjoy reduction or exemption advantageous position within the global industry
of fees and taxes in accordance with related rules. of digital health and diagnosis. Multiple gene
Meanwhile, supervision over the sector will also therapy programs have been approved overseas,
be enhanced to crack down on violations (Xinhua, and thus indicates the upcoming revolutionization
Private Hospitals). in the treatment of certain illnesses and the advent
of personalized precision medicine, which is key
to improving treatment effectiveness and patient
survival rates. Major regulatory organizations from
Technology and Big Data around the world, including the US and China, are
striving to speed up the approval process for new
Doctors in a Beijing hospital conducted drugs, and thus, pharmaceuticals will be able to
orthopedic surgeries for two patients in separate hit the market faster, while China’s new science
hospitals from two provinces using 5G wireless and technology stock board will also provide
technology in 2019. Tian Wei, president of Beijing entrepreneurs of the innovative pharmaceutical
Jishuitan Hospital, started to perform the remote industry with access to a new capital market. In the
operations with two orthopedic surgery robots, field of medical technology and medical devices,
named “Tian Ji,” on two patients from Zhejiang the report suggested cancer-related mortality
and Shandong in parallel, using 5G technology rates can be significantly reduced with the help of
in the hospital’s robot teleoperation center technologies that can detect, diagnose, and treat
(Xinhua, Chinese Doctors Conduct). A hospital cancer early on, and the supervision of domestic
in Guangzhou also launched chest surgery with and international medical device production is
the help of 5G technology in 2019, the first time moving toward a stage of rational innovation that
in the province. The operation, connected live to is meant to meet the fast-changing needs of clinical
another hospital in northern Guangdong’s remote patients. Regarding the sector of medical services,
Yangshan county, promoted the use of advanced the report said the aging population and declining
5G technology in medical practice. “In the future,
350
service supplying and improve people’s wellbeing. we will offer more medical practices online
Deepening reform of the medicine and healthcare with the help of the 5G technology, in remote
system and actively promoting the development of demonstrations of surgeries,” said Tian Junzhang,
private hospitals will help meet people’s needs for president of the Guangdong Provincial Second
medical services, better stimulate market vitality People’s Hospital. With the rapid advancement
and unleash service consumption potential, said of science and technology, especially in the
a statement released after the meeting. Space development of artificial intelligence and 5G
for the development of private hospitals should technologies, China is approaching the “era
be expanded, it said, adding that government of centenarians”, and the health and medical
departments should not impose restrictions on industries will continue to grow as they converge
the aggregate volume as well as layout of private with neighboring industries, according to a report
hospitals. The decision was made at a State released by CEC Capital in 2019 (Qiu).
Council executive meeting chaired by Premier Li
Keqiang in May 2019. The meeting also required The same report claimed that precision
enhancing approval efficiency for private hospitals medicine and personalized treatments will
and that all localities should establish a cross- become the biggest trends in the diagnosis and
department approval mechanism by 2020. China treatment industries around the world. The effects
will beef up policy support for private hospitals of many critical illnesses that were believed to be
and treat them equally with public ones in terms of incurable, such as cancer, will be minimized. China
interprovincial on-the-spot settlement of medical is working to cooperate and synchronize its efforts
bills through basic medical insurance accounts. with global industry leaders, and is redesigning
Private hospitals will be encouraged to conduct outdated mechanisms for distributing medical
cooperation with public medical institutions in services and pharmaceuticals so as to provide
developing Internet Plus Healthcare models and services to more patients, and at the same time,
carrying out remote medical services, according to China’s distinctively large streams of patient data
the statement. Private hospitals providing services could play an instrumental role as China takes an
in communities will enjoy reduction or exemption advantageous position within the global industry
of fees and taxes in accordance with related rules. of digital health and diagnosis. Multiple gene
Meanwhile, supervision over the sector will also therapy programs have been approved overseas,
be enhanced to crack down on violations (Xinhua, and thus indicates the upcoming revolutionization
Private Hospitals). in the treatment of certain illnesses and the advent
of personalized precision medicine, which is key
to improving treatment effectiveness and patient
survival rates. Major regulatory organizations from
Technology and Big Data around the world, including the US and China, are
striving to speed up the approval process for new
Doctors in a Beijing hospital conducted drugs, and thus, pharmaceuticals will be able to
orthopedic surgeries for two patients in separate hit the market faster, while China’s new science
hospitals from two provinces using 5G wireless and technology stock board will also provide
technology in 2019. Tian Wei, president of Beijing entrepreneurs of the innovative pharmaceutical
Jishuitan Hospital, started to perform the remote industry with access to a new capital market. In the
operations with two orthopedic surgery robots, field of medical technology and medical devices,
named “Tian Ji,” on two patients from Zhejiang the report suggested cancer-related mortality
and Shandong in parallel, using 5G technology rates can be significantly reduced with the help of
in the hospital’s robot teleoperation center technologies that can detect, diagnose, and treat
(Xinhua, Chinese Doctors Conduct). A hospital cancer early on, and the supervision of domestic
in Guangzhou also launched chest surgery with and international medical device production is
the help of 5G technology in 2019, the first time moving toward a stage of rational innovation that
in the province. The operation, connected live to is meant to meet the fast-changing needs of clinical
another hospital in northern Guangdong’s remote patients. Regarding the sector of medical services,
Yangshan county, promoted the use of advanced the report said the aging population and declining
5G technology in medical practice. “In the future,
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