Opportunities for Flanders' companies in the healthcare sector in China

The Flanders-China Chamber of Commerce (FCCC) has made a study with the support of Flanders Investment & Trade (FIT) on opportunities for Flanders' companies in the health sector in China. At the request of FIT, the study is published in Dutch.

China is the second largest healthcare market in the world, and reforming healthcare is one of the priorities of the Chinese government. Companies in Flanders active in the healthcare sector cannot ignore China. China's healthcare sector has evolved from providing rudimentary care to building modern advanced hospitals, using high technology in the MedTech sector, and developing new medicines.

The study examines different sub-sectors, including the building and management of hospitals; the production, import and sales of drugs and medical equipment; the role of traditional Chinese medicine (TCM) in the healthcare sector; and healthcare in Hainan province, where pilot programs for the import of foreign drugs and medical equipment, which are not allowed to be distributed elsewhere in China, are being implemented.

The study also reviews the latest developments in the past three months to illustrate the possibilities offered in the sector. Finally, some tips and tricks for doing business in China are listed. A second separate study looks at opportunities in the biotech sector in China.

Interested in learning more? Please send an email to Info@flanders-china.be