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China's medical insurance cover to be widened

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23-Jul-15 After years of provincial pilot programs, a nationwide funding safety net is to be put in place in China to help low-income residents who contract serious illnesses. Medical insurance covering expenses for critical illnesses is to be expanded to include the whole country before the end of this year to help financially challenged residents. [image: Chinese Embassy]

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UPMC makes progress on international medical center in China

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22-Jul-15 Under a collaborative agreement, Pittsburgh-based UPMC is one step closer to opening an international medical center in Changsha, China. In Aug-14 UPMC announced a five-year agreement to open the 3,500 bed Xiangya International Medical Center. So far, four floors of the building have been renovated, and UPMC has also trained staff in customer service, infection control and other areas. [image: Pittsburgh Post-Gazette]

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The China FTA a tonic for Australia's healthcare operators

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17-Jul-15 The China-Australia free trade agreement has opened doors to Australian healthcare providers. However, taking advantage of the opportunities requires careful planning. It is important to get advice about regulations on health and aged care. There are potential benefits in partnering with a Chinese company. It is also imperative to seek advice on investment structure. Tax is another significant consideration. [image: ABC]

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Bigger may not be better for China's "super hospitals"

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15-Jul-15 China now has 16 public hospitals with more than 3,000 beds and this has policymakers worried. Hospital building reflects a lack of public confidence in rural healthcare, and may not lead to cost-effective care. As China reduces the drug mark-ups hospitals have relied on for years, many see expansion as a way to raise revenues. [image: The Straits Times]

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Chinese companies to invest USD1 bn in med tech in India

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09-Jul-15 The Indian state of Karnataka is on the radar of Chinese businesses from Yunnan, lead by Sunpa Group, which are expected to invest up to USD1 bn in an industrial park at Vasanthnarasapura, including investments in telemedicine, medical equipment manufacturing, solar power and tech research. [image: Economy Watch]

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