Beijing boosts healthcare industry
By Xin Wen | China Daily | Updated: 2018-10-13 07:03
The revenue of Beijing's healthcare industry is expected to reach 250 billion yuan ($36 billion) by 2020, as the city boosts the industry's innovation capacity and integration with the high-tech research sector, local authorities said on Friday.
The goal is part of the municipal government's three-year action plan, spanning 2018-20, that aims to form an ecosystem that integrates the healthcare industry and research institutions.
Beijing's healthcare industry has seen steady growth in recent years, bolstered by the rise of its life science and biotechnology sectors. In 2017, the value of the city's healthcare industry reached 163 billion yuan, up 13 percent year-on-year, according to the plan.
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