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Chinese health spending to rocket:

This article was originally published in Clinica

Executive Summary

Healthcare spending will account for 10% of China's GDP by 2010, and could claim a 25% share by 2030 unless current problems including inefficiencies and the failure to address disease prevention - are addressed, according to a World Bank study. Successful implementation of reforms could limit spending to 6%-7% of GDP in 2010 and 10%-13% in 2030, the report says. Strengthening disease prevention efforts was one of four key reforms proposed in a recent report by Chinese medical research institutes. They also called for reform of the hospital payment system and a better utilisation of medical technology.

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