Health industry

In recent years, the upgrading of China's consumption structure has created a broad space for the development of health services and the scientific and technological innovation has provided strong support for improving health levels. Moreover, the formulation of relevant policies and systems has provided a strong guarantee for the sustainable development of the health industry. In particular, the Healthy China 2030 blueprint by the CPC Central Committee and the State Council and the "13th Five-Year Plan" on health were introduced to popularize healthy living, optimize health services, perfect health security, build a healthy environment and develop the health industry. The next 15 years will be an important strategic period for promoting healthy China.

As of the end of 2017, the number of people aged over 60 in China had reached 241 million, 17.3 percent of the total population. And the number will exceed 300 million in 2025 and 400 million in 2033. China will be one of the world’s aging countries. Along with the aging of the population, there is also an increase in the proportion of empty nesting. The scale of dementia and disabled people is rising. The gap between supply and demand for care services continues to widen, and the demand for medical and health services will increase dramatically.