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2018 Zhejiang Health Industry Development Report Shows That Health industry Has Become a Pillar Industry in This Province
2018-12-10 10:24:33

On December 6th, Zhejiang (Hangzhou) International Biopharma Industry Investment Summit and the 4th Zhejiang International Health Industry Leaders Summit were held in Hangzhou. The “2018 Zhejiang Health Industry Development Report” was released at the meeting. The reporter learned that in 2017, the health industry, especially the health service industry, in Zhejiang Province, achieved rapid growth and has become the pillar industry in the economy in this province.

In 2017, the health industry across this province realized an added value of 259.7 billion yuan, an increase of 14.8% over 2016, 7 percent higher than the province’s GDP growth rate in the same period; the added value in the health industry accounted for 5% of GDP for the first time, indicating that this industry had become a pillar industry propping up the transformation and upgrading of the province’s economy. The total output of the province’s health industry reached 648.3 billion yuan, an increase of 10.3% over the previous year.

In 2017, the quality of medical services in this province was further improved, and the pattern of multiple medical treatments was accelerated. There were 15106 private medical institutions in the province, including 763 private hospitals, which were 5.3% and 10.1% higher than those in 2016 respectively. In addition, the province’s old-age service system had been further improved, with its development taking the lead in the country. In 2017, the number of private old-age beds per 1,000 people in the province reached 54 and the number of institutional beds was 38.5. The total number of nursing beds in the province reached 183,000, accounting for 46.3%. These figures mean the thorough distribution of home care services in every urban and rural community, and the top level of the overall development of old-age services in the country.

It is worth mentioning that in 2017, the province’s health characteristic towns had become the main platform for the development of the health industry. 9 characteristic towns dominated by the health industry in the province achieved a total investment of 7.46 billion yuan, accounting for 79.8% of the total planned investment for that year.

Guided by Zhejiang Provincial Development and Reform Commission, Health Commission of Zhejiang Province, Zhejiang Provincial Economy and Information Department, and Zhejiang Provincial Food and Drug Administration, this summit was jointly sponsored by Hangzhou Investment Promotion Bureau and Zhejiang Provincial Health Industry Federation.

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