April 28,2015   By:Chinahumanrights.org

Oct. 14, 2013

China has set the target of increasing the gross value of its health service sector to over 8 trillion yuan (1.31 trillion U.S. dollars) by 2020, according to a guideline issued by the State Council on Oct. 14, 2013.

More measures will be taken to boost this sector, which will serve to improve people's wellbeing as well as shoring up growth, said the guideline.

The health service industry covers medical services, health management, health insurance, and other supporting sectors related to pharmaceuticals, medical equipment, healthcare facilities and healthcare food.

New measures to increase private capital in the sector will include relaxing market admittance requirements for investment from non-governmental sources, and giving equal treatment to not-for-profit private medical institutions and public medical establishments.

The government will also simplify approval procedures for rehabilitation centers, hospitals for children and elderly patients, and nursing homes, according to the guideline.


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