Woman in accomodation next to hospital where patients and their families stay while seeking medical treatments in Beijing, China, June 23, 2016. Reuters/Kim Kyung-Hoon
Woman in accomodation next to hospital where patients and their families stay while seeking medical treatments in Beijing, China, June 23, 2016. Reuters/Kim Kyung-Hoon

Healthcare industry set for shakeup, new investment

The most important and market-moving stories from the Chinese-language media

October 26, 2016 9:39 AM (UTC+8)

Healthy China 2030 plan to expand healthcare industries to more than 8 trillion yuan by 2020 and 16 trillion yuan by 2030, Xinhua and Shanghai Securities Journal reported, citing State Council. Services targeted include elderly care, medical instrument, biomedical engineering, medical big data, fitness and sports, and food safety.
健康中国2030”规划纲要出炉 哪些重点领域将获益
健康中国16万亿大产业破土而出 健康保障体系将形成

Alibaba, Tencent agree to tackle ‘fake ratings’ of products

Alibaba, Tencent and other major e-commerce companies have agreed on an evaluation system for their products to try and stop inflated customer ratings of items on their sites, Sina finance said Wednesday. The pact comes ahead of November 11, known as Double 11, one of the biggest shopping days in the country.
发改委:将打击双11炒信活动

Pension fund manager list to be announced

A list of companies approved to manage pension funds will be released soon, said Human and Resources Ministry spokeman Li Zhong on Tuesday The Paper reported. No specifics given. New approved funds may total 400 billion yuan, according to Huatai Securities in the report.
首批养老金管理机构公布在即,初次“入市”规模约4000亿

Hong Kong to simplify stock account openings to attract China capital

Hong Kong will allow mainland Chinese to use electronic signatures to verify identification and open accounts to trade Hong Kong stocks online, cfi.net reported, citing the Securities & Futures Commission of Hong Kong. Move sets stage for start of Shenzhen-Hong Kong Stock Connect program.
香港证监会放行网上开户 全力迎接内地资本出海

Banks start use of Macro Prudential System in third quarter

Some banks in the third quarter started using the so-called Macro Prudential System that aims to reduce financing risk, the 21st Century Business Herald reported. The PBOC uses the system to monitor banks’ capital adequacy ratios and it was expanded from loans to credit products in December.
表外理财拟纳入MPA考核 表内外资产腾挪受限

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