The advantages of China in developing Medical Tourism

China has a large amount of Tourism resources within the country and has unique advantages in developing the Medical Tourism industry. Several regions represented by Hainan, Beijing, Shanghai, Guangzhou and Shenzhen have taken the lead in exploring the field of Medical Tourism under the background of the government's key support for the Medical Tourism industry. With the implementation of the Hainan Free Trade Port policy in 2019 and the advancement of the Boao Lecheng International Tourism Pilot Zone, we can also see with our own eyes the determination of the country in this regard.

China is rich in Medical Tourism resources. Traditional Chinese medicine has been pushed onto the world stage and recognized by more people due to the anti-epidemic wave in 2020. Traditional Chinese medicine has great potential in the treatment of various diseases such as cardiovascular and cerebrovascular diseases, cancer, and swelling and pain.

2. Medical expenses and medical standards are crucial factors in determining the flow of domestic and international patients. For instance, countries like Thailand, Cambodia, Malaysia, and India are popular among international patients for their low-cost and high-quality medical services, and China also enjoys this advantage. In the "Ranking of Medical Quality and Accessibility in 195 Countries and Regions around the World" released by the renowned medical journal The Lancet in 2019, it was stated that China is one of the countries with the greatest progress in medical standards (successfully entering the top 50). Under the circumstances where the medical standards are not much different but the prices vary significantly, low-price consumption is an attraction for many patients.

3. The healthcare market opportunities brought about by an aging population are huge. The aging problem in China is becoming increasingly serious. According to the data disclosed by the Ministry of Civil Affairs of the People's Republic of China, the number of people aged 60 and above in the country will exceed 300 million between 2021 and 2025, and the gap in the medical and health care market brought about by aging will increase. The future markets for cancer treatment, rehabilitation medicine, circulatory system diseases and respiratory system disease treatment will show an upward trend due to the increase in the number of aging people.