China's Hawaii Gets a New Identity
- Emma Hsu
- Jul 1, 2018
- 1 min read
China’s State Council recently cemented its demarcation of the southern tropical island of Hainan — often labelled ‘China’s Hawaii’ — as a pilot zone for international medical business.
Its aim is to encourage not only international healthcare trade but innovation, research and experimentation. The State would ultimately like to build internationally renowned healthcare specialisations — as has Korea with cosmetic surgery, Japan with cancer screening and Thailand with dentistry – to become a medical travel destination. And this, in turn, is opening up huge opportunities for western healthcare and medical device firms with an eye on the huge Chinese market.
Regulation exemptions
The State Council has, in essence, now relaxed medical regulations ...
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