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Foreign-invested companies eye China’s medical devices market

Updated: Oct 5,2018 1:50 PM     CGTN

China is the world’s second largest market for medical instruments. The country’s aging population and increasing per capita disposable income have both contributed to the sector’s rapid rise in recent years.

Figures show that currently, over 70 percent of the country’s high-end medical instruments are made by foreign-invested companies, yet eight out of the world’s top ten manufacturers have established production bases in China.