Your Business Opportunity - China’s Health Industry Market
Time: 2020-03-09
Strong Government Support
In 2019,China govenment launched the “Healthy China 2019-2030 Plan”,
which is a national inittiative taht encourages diet,exercise,and access to healthcare service
Huge Market
USD 1.4 TRillion (2020)+12.55% CAGR (2019-2023)(1)
Increasing Life Expectancy
In 2020,the average national life expectancy is 77.7 years old
with increasing demand for health management and health care(2)
Sustainable Growth in Health Consumption
The ratio of health consumption to GDP increased from 20% in 1980 to 52.2% in 2018(3)
Source: (1) www.qianzhan.com (2) PEOPLE"S DAILY (3) National Bureau of Statistics of China