Biotech Expo 生物展
The Shenzhen International Biotech and Health Industry Expo (Biotech) is hosted by the Shenzhen Municipal People’s Government and managed by Wen Global Solutions Inc.
Last year’s meeting represented products from 200 companies and about 80 innovative programs. It attracted more than 12,000 investors and professionals, and created huge business opportunities and values for the enterprises and companies in the biotech and health industry sector.
The biotech and health science sector has a tremendous and growing impact on people in modern society. It is key to higher quality of life and a doorway to improved health.
China’s health-care sector continues to develop at an astonishing rate: spending is projected to grow from $357 billion in 2011 to $1 trillion in 2020. From pharmaceuticals to medical products to consumer health, China remains among the world’s most attractive markets, and by far the fastest-growing of all the large emerging ones. It is not surprising that multinationals are flocking to take advantage of the opportunities, but long-term success is by no means assured. Although we remain optimistic about the overall outlook for China’s health-care market, multinationals will find it harder to compete. We expect a clearer separation between winners and laggards. Late entrants may struggle.
Three themes will shape China’s health-care market: the continuation of economic and demographic trends, further health-care reform, and the policies articulated in the government’s 12th five-year plan. Some of these forces—such as improvements in infrastructure, the broadening of insurance coverage, and significant support for innovation—will have positive implications for multinational companies. Others—for example, pressure on pricing and the rise of local champions—will have negative implications. In certain respects (including the bid to reconcile low-cost universal health-care coverage with rewards for innovation) the forces come into direct opposition. To paraphrase Vice Premier Li Keqiang, reform of the country’s healthcare system has entered ―uncharted waters.
The 2015 SIBHIE is scheduled for Sept 23 through Sept 25 at the Shenzhen Exhibition Center, coinciding with the 2015 Shenzhen International Biotech Leaders Summit (2015 SIBLS). More...