31-Aug-16  Japanese ophthalmology specialist Santen Pharmaceutical has announced the start of operations of its joint venture with state-owned Chinese group Chongqing Kerui. This partnership, which will involve the establishment of China’s largest manufacturing site for eye care treatments in the city of Chongqing, promises to provide people in China with affordable ophthalmic products. [image: Santen Pharmaceutical]

09-Sep-16 KT, Korea’s second-largest telecom company has announced it has formed a consortium with Pusan National University Hospital and Busan Techno Park and signed an MOU with four Kazakhstani to carry out a digital healthcare demonstration project. The project is designed to improve the medical care environment in Kazakhstan with an ICT-intensive mobile healthcare diagnosis solution and Korea’s medical assistance. [image: Business Korea]

09-Sep-16  Korea has unveiled a comprehensive plan to boost its medical sector. The 5-year plan includes providing tax cuts for companies making investments in building R&D facilities and conducting clinical trials to test new drugs. It also expects to attract 750,000 more foreigners to the country for treatment. [image: Arirang]

08-Sep-16 Korea’s population increased by 1.36 mn from 2010, reaching 51 mn in Nov-15. South Jeolla Province is the first region to become 'hyper-aging' (>20% over 65 years old). Single households accounted for 27% of the total population, and the youth population is decreasing with the acceleration of low birth rates, while the middle-aged and elderly are rapidly increasing. [image: Business Korea]

08-Sep-16 Demand for sophisticated healthcare is high among the rich in Shanghai as their satisfaction with their own health and care for their parents are slightly below the national average. Over half of the rich people in Shanghai would like to try private hospitals and Internet-based health care services as alternatives to public hospitals. [image: Shanghai Daily]