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China’s healthcare market featured continuous, robust growth and dynamic regulatory change in 2016.
2016 saw China’s medical device market reach USD 56 billion (<> RMB 370 billion), an increase of 20.1 percent in local currency when compared with that of 2015. Total sales of pharmaceutical and health products reached USD 277billion (<>RMB 1,839 billion) in 2016, growing by 10.4 year on year; retail sales numbered CNY 368billion (USD 55.5billion), a growth of 9.5 percent.