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China s healthcare market is expected to grow from RMB6 trillion in 2019 to RMB16 trillion in 2030
Ping An Leading Digital Revolution in Healthcare
Pandemic accelerating shift to online/offline service delivery
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HONG KONG and SHANGHAI, April 30, 2021 /PRNewswire/ Ping An Insurance (Group) Company of China, Ltd. (hereafter Ping An or the Group , HKEX: 2318; SSE: 601318) is investing in a holistic strategy in digital healthcare to address the challenges of China s rapidly aging population, rising public healthcare costs and a shortage of medical professionals.
Digital healthcare spending last year was about 7% of total healthcare spending in China, but the COVID-19 pandemic has driven wider acceptance of online healthcare services among the government, regulators, health care professionals, consumers and companies, Ping An Group Co-CEO Jessica Tan said on McKinsey s Future of Asia podcast.