Did you know healthcare makes up 8% of China’s GDP? Yet, healthcare products contribute only 3% to the total volume of China's outbound market. That’s both an opportunity and a challenge! Chinese healthcare companies have a lot to offer and a big gap to close. But to succeed internationally, they need to step up their competitiveness by focusing more on value creation, international marketing, as well indigenous innovation. Big thanks to Biosparc for the chance to co-host a seminar and discuss the untapped potential of Chinese healthcare on the global stage. Biosparc, a partnership between Temasek and Suzhou Industrial Park, is all about strengthening the biomedical ecosystem. For more on the event, check out the full WeChat article: https://lnkd.in/dPcT4Fyx #HealthcareInnovation #GlobalExpansion #CrossBorderCollaboration
