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Market prospects

Macro economy of China is keep high speed growth

-Under the global economy turbulence, China has been outstanding and will keep high speed growth ration on both GDP and social development

 

China medical instrument market 

-China medical instrument market is well supported by healthcare industry, it has wide range of service and long value chain, it posses great potential and development space

 

China  pharmaceutical market 

-According IMS forecast, from 2011 to 2016, China's pharmaceutical market average annual growth rate will be 16.1%

-The currnt market volume is about RMB 502 billion (USD85 billion) which may reach RMB910 billion (USD150 billion) in year 2016

 

China government extend the social insurance coverage of population, the "next 1 billion" project will unleash extraordinary opportunity to the market

 

-From year 2009 to 2011, Chinese government's healthcare reform has achieved its primary target-provide essential healthcare to 1.3 billion people.

-Among this 3 years, Chinese government invested RMB1.2 trillion, with special emphasize on "next 1 billion"-400 million of non-working class in city and 600 million of country population.

-Pharmaceutical enterprise will better harness the "next 1 billion" opportunity if they can understand and help to fulfill the fast growing yet unbalanced China pharmaceutical market 

-China has 160 cities with population above 1 million.

-Urbanization process is keep ongoing with acceleration, with reach from current 46.6% to 80%

-Tier 1 and tier 2 cities has the high potential and high growth, is the major power sources of medical instruments market growth.