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Two sessions open up opportunities in healthcare

Daryl Guppy
Daryl Guppy • 5 min read
Two sessions open up opportunities in healthcare
A healthcare worker prepares a dose of Sinovac Biotech Covid-19 vaccine at a community vaccination centre in Hong Kong, China, in 2022. Photo: Bloomberg
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China’s annual “two sessions” meeting sets the country’s economic policy agenda. More importantly, the meetings give clear indications of where new business opportunities are emerging. There is a direct link between government-initiated policies and business activities on the ground. Often these are areas that require foreign expertise to develop fully.

Understandably, it was the healthcare sector that rose to a new level of prominence and priority at the meetings. This came as no surprise, since its agenda was hijacked by Covid which exacerbated existing cracks in the system, halted development in new areas, and exposed new areas of weaknesses.

There were three main areas for policy improvement. Higher power and funding to address issues of effective healthcare service delivery will be allocated to local governments. The objective is to make hospitals more efficient with both technology and organisational changes.

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