China's 400b yuan plastic surgery industry set to become world's 3rd largest

China's cosmetic surgery industry will be valued at 400 billion yuan ($62.6 billion) by the end of this year and is expected to double in size to 800 billion yuan by 2019.

If growth continues as expected, China will be the world's third largest market after the United States and Brazil by 2019, according to the latest industry trend report.

The report, issued by the China Association of Plastics and Aesthetics on Monday, found that more than seven million Chinese people, mostly women, went under the knife in the name of beauty last year. Roughly 60,000 of them chose to go to South Korea.