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China Localization – VBP Sees Global Medtechs Ponder Stay Or Exit

Health Players Assess Business Strategies At China Development Forum

 
• By Brian Yang

It is the time of year when global healthcare industry CEOs descend on China's capital to discuss strategies. A change of mood is evident among medtechs and pharmas.

Beijing

China in 2024 is perhaps more challenging than at any time going back several decades. The central government has set a relatively low 5% target for economic growth his year, and the C-suites from global companies with a local China presence are assessing how to maintain growth in the market.

Traditionally considered to be a large, lucrative market for medical products and medicines, China has decisively implemented measure after measure to both

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• By Brian Bossetta

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More from Geography

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• By Elizabeth Orr

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• By Brian Bossetta

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• By Barnaby Pickering

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