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The new wave in Chinese medical tourism

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13-Oct-15 As China's growing 40+ population suffers increasingly from lifestyle diseases such as cardiac problems and cancer, many of the wealthy among them will seek treatment in the US or Europe. And many more will spend some of their new found wealth on plastic surgery, dentistry or wellness programs in Korea or Southeast Asia. Chinese medical tourists spent USD10 bn in 2014, only 2.3% of the global total, suggesting that there is a huge potential for further growth in the market. What can hospitals and governments do to tap into this opportunity? [image: Travel Daily News]

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Shanghai poised for boom in medical tourism

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09-Oct-15 The Shanghai Medical Tourism Products & Promotions Platform is positioning the city for a mega-boom in medical tourism among mainlanders and foreigners alike, most notably in surgery, cosmetic procedures, TCM, dentistry and stem cell research. Shanghai may not have any beaches, but as its state-of-the-art public and private hospitals will soon become a major hub for health tourism. [image: Formosa Travel]

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Shenzhen encourages new TCM hospitals

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10-Sep-15 Shenzhen aims to establish five to eight new Traditional Chinese Medicine (TCM) hospitals by 2020. The clinics will get the same preferential policies regarding drug pricing and hiring employees as other health care providers under a program that health authorities hope will bring quality hospitals and doctors to the city. [image: 39Clinic]

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TCM provider Heshoutang launches online access

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03-Aug-15 Heshoutang, a Chinese provider of Traditional Chinese Medicine (TCM) remedies, has announced a virtual hospital offering 24/7 online access to diagnosis and doctors who see patients that don't require emergency care, through its website TCMTreat.com, including sending herbal remedies worldwide. [image: IT Business Net]

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China-Australia FTA opens up investor access

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18-Jun-15 The China-Australia Free Trade Agreement (ChAFTA) was officially signed on 17-Jun-15. ChAFTA increases Australian investors’ ability to own medical facilities either wholly or by majority JV, enables some Australian physicians to offer services in China, permits wholly Australian-owned aged care institutions, and promotes cooperation in the field of Traditional Chinese Medicine. [image: The Conversation]

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