Posted by Michael Wonder on 15 Nov 2018
China to set the bar high for new health technologies
6 November 2018 - How to reap the benefits of new technologies while keeping a tight rein on health care costs is a challenge all countries face, not least China.
It spends a relatively modest 6.2% of GDP on health, but expenditure has been rising rapidly and is poised to soar further for its population of 1.39 billion is ageing and rates of non communicable disease increasing.
In response China has set up a new National Center for Medicine and Health Technology Assessment to inform decisions on which of the many new drugs, devices, and diagnostics coming on stream should be included in the country’s basket of care.
