Synergy key to evolution of national healthcare sector

During the 13th Five-Year Plan (2016-20) period, it is estimated that the country's healthcare market will reach 15 trillion yuan ($2.35 trillion) to 16 trillion yuan, with synergetic development playing a crucial role in the industry, an expert said during a recent seminar.

In the coming two to three years, China's healthcare sector will probably evolve into a pillar industry of national economic and social development, contributing greatly to GDP growth. Jiang Jiang, associate research fellow with the Institute of Industrial and Technological Economics at the Chinese Academy of Macroeconomic Research, said during the sub-forum of the 11th China Bioindustry Convention in Wuhan, Hubei province.

"The development of industrial agglomeration in China has achieved initial results, and will become a long-term model. Coordinated and shared development is the key. Based on local conditions, we must focus on this model of development, to promote the healthy development of biomedical industrial parks," she said.