Efic’s Senior Economist Cassandra Winzenried provided a high-level overview of the economic outlook for China’s health sector at The Australia China Health Summit on 11 August 2015.
Solid long term fundamentals will drive strong Chinese demand for healthcare in the medium term, despite the much hyped economic slowdown and equity market sell-off. Demand will be supported by a large and ageing population, an increasing disease burden, favourable household economics and government policy prioritization. Australian exporters are in a good competitive position to sell to this burgeoning healthcare market — armed with an excellent reputation for quality, unprecedented market access and a more competitive exchange rate.
View the presentation here.