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Health care pioneer
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Li Tiantian, a Chinese doctor turned tech entrepreneur, has planned to set up an offline clinic in Hangzhou this year to pilot potential health care reforms outside the state sector.
His medical networking platform DXY.com links 2 million doctors across China and has attracted funding from tech giants like Tencent. DXY is exactly what Beijing has said it鈥檚 looking to support after it pinpointed remote health care, Internet and technology as drivers to solve its health care woes.
Now China has ramped up its health care reform rhetoric, touting greater access for foreign investors to health care services, a bigger role for technology and pushing drug sales from mostly state-run hospitals towards the retail market. This has helped draw in close to US$30 billion worth of health care merger and acquisition investment so far this year, a fivefold leap from the same period in 2014, according to Reuters data.
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