China spends trillions on healthcare

 29-Apr-16, China Daily

China has spent RMB5.64 tn (USD871 bn) in the reform period since 2009 to improve its healthcare system.

Image: SCMP

The health budget for 2016 is RMB1.24 tn (USD191 bn), said the National Health and Family Planning Commission (NHFPC), adding that the average annual growth rate of medical input has surpassed 20 percent over the past seven years.

Healthcare reform is designed toward the ultimate goal of creating a universal health security system. The budget is also used to promote reform and upgrade of public hospitals at or above county-level, and to cut the financial burden for poor people.

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