Only One In Ten Chinese Citizens has health insurance. Latest figures show annual spending on drugs in China comes to only $10 per capita versus $623 in the U.S. Yet analysts from Boston Consulting Group expect China to have the worlds fifth-largest pharmaceutical market, at $24 billion, by 2010 and the largest by 2050. Combine a population of 1.3 billion with a 9.9% economic growth rate and you have the potential for a robust medical market.
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