CCTV.com - CNTV English - CCTV News

State council releases guidelines to boost healthcare sector

10-15-2013 09:17 BJT

By CCTV reporter Laura Luo

China’s state council released guidelines on Monday outlining measures to improve services in the medical and healthcare industries. The newest reforms include liberalizing the pricing of private hospitals, and providing financial assistance to healthcare related businesses.

The move is expected to improve efficiency in China’s vast healthcare market, which is estimated to be worth some 8 trillion yuan or 1.3 trillion US dollars in 2013. Laura Luo has the story.

A new round of reform measures have just been released by China’s State Council to tackle problems such as high medical fees, and poor insurance policies. Private hospitals now have more freedom to set their own prices, and private sectors are encouraged to enter the playing field. Analysts say this will provide more medical supply to suit the country’s vast demand.

"There will be services for healthcare management and fitness programs. There will also be long term care, family care, and rehabilitation services. These reforms not only benefit people’s health, but also help economic integration." Liu Guoen, Director of Health Economics Research Centre, Peking Univ., said.

The government is also offering financial aid and tax breaks to healthcare businesses.

"The new policy has set strong foundation for the growth of healthcare services. It will further increase market potential, create jobs, and improve industry structure." Ren Wei, Deputy Director OF Social Dept., NDRC said.

Private insurance industry is another area that will see a big boost of energy. Insurance companies will be linked with hospitals, medical check-up clinics, and healthcare centres. Meanwhile, the government will give tax credits for businesses and widen payment channels for medical insurance.

 

Editor:James |Source: CCTV.com

Hot Videos view more

The celebrations are still continuing as the victorious coach, Joachim Loew, has been honored for his achievement in his hometown of Freiburg.
Germany coach Loew honored in hometown of Freiburg

Chinese men´s national team continued its preparations for next year´s Asian Cup, as they managed a one-all draw against visitors Jordan during a football friendly in Harbin, the capital city of Northeast China´s Heilongjiang Province.
China held to 1-1 draw by Jordan

The defending world champs came into the contest with a perfect 6-and-oh record, but they would be in for a tough first half before opening things up in the second.
USA beat Slovenia 119-76 in quarter-finals

Hot Stories more

UK authorities believe killer of James Foley is a British national

Across the UK the hunt is on for James Foley’s killer, who authorities believe is a British national. As Richard Bestic reports from London, Prime Minister David Cameron cut short his summer break to lead his government’s response.

Israeli war jets renews Gaza strike as truce talks stalled

Three Palestinians were killed and 40 others wounded in the intensive Israeli war jets´ airstrikes on the Gaza city on Tuesday night, shortly before an end of a 24-hour ceasefire in the Gaza Strip,

Missouri police arrest dozens after violent night

As the protests in the town of Ferguson, Missouri turned violent with police facing ´heavy gunfire´ from some ´criminal elements´, cops fired tear gas, stun grenades and arrested 31 demonstrators on Monday night.

Picture in news more

More Video News

Choose TV Program