03-Feb-16 Italy's medical device companies are looking at the development potential in China, one of the markets where Italy's exports of medical devices have increased the most - by 24% in 2014 - with an export value of EUR310 mn (USD430 mn). Italian companies already present in China include DiaSorin, a biotech group specialized in in-vitro diagnostics. [image: Ambasciata d'Italia Pechino]

21-Jan-16 China plans to open 20 Traditional Chinese Medicine (TCM) collaboration centers overseas in 2016. The centers will be based on the various needs for TCM in different countries and will require local partners, including hospitals, research institutions and pharma companies. The international market for TCM is valued at USD50 bn. [image: Bao Kangxuan / Asianewsphoto]

15-Jan-16 Singapore based traditional Chinese medicine (TCM) retailer Eu Yan Sang Intl (EYSI) has inked a deal to receive up to SGD60 mn (USD35 mn) in funding from HCare Investments Holding, an investment vehicle managed by Hong Kong based CareCapital Advisors, as it widens its footprint in China. [image: Eu Yan Sang]

14-Jan-16 The number of traditional Chinese medicine (TCM) hospitals in China has increased by 500 in five years, a rise of 16%. In 2014, TCM became a RMB730 bn (USD111 bn) industry, representing one third of the total output of China's medical industry. [image: UPI_Stephen Shaver]

28-Nov-15 China is planning more and better non-profit hospitals specializing in Traditional Chinese Medicine in a bid to develop rapidly the country's TCM industry. A comprehensive reform will focus on state-owned TCM hospitals at county and city levels while helping them to "better serve the people," according to the National Health & Family Planning Commission and the State Administration of TCM. [image: China Daily]