Ageing society to spur China healthcare sector


BEIJING: With the number of ageing Chinese people rising and incomes growing, China’s healthcare industry is set to receive a boost during the 14th Five-Year Plan period (2021-2025), a senior Chinese economist said.

But restrictive factors, including slowing income growth and the wealth gap, posed challenges to the healthy development of the industry, said Cao Yuanzheng, chairman of BOCI Research Ltd.

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