Medical firm welcomes healthcare reforms

US health giant is ready to embrace opportunities created in China market, says Medtronic chief executive

As China increases its efforts to provide low-cost and effective medical services through the government's healthcare reforms, the plan offers potential for all market players, including foreign companies.

Omar Ishrak, chief executive of US-based medical device manufacturer Medtronic, does not regard the reforms as something that would put the brakes on the company's long-term commitment in the country.