[Healthcare & Medical Technologies Business Exhibition]
10th to 11th April 2018
During the two-day business exhibition & one-on-one matchmaking event this week in Shanghai, a total of 42 European companies from 16 EU member states held over 500 business meetings with over 360 Chinese visitors.
This was the second time the EU Gateway to China business support programme focuses on the healthcare & medical technologies sector in China.
The medical device market is one of the fastest growing market sectors in China. The growing demand for innovation and advanced medical devices and technologies in China is associated with the boost of the country’s economy and the demographic trend of an ageing population. The second EU Gateway to China Healthcare and Medical Technologies Business Mission, the third Business Mission under the new programme overall, took place to meet this demand.
The Shanghai Entry-Exit Inspection and Quarantine Bureau statistics show that a total of 33,704 batches of medical devices were imported in Shanghai in 2017, amounting to more than CNY 27 million, an increase of 18.84% and 22.43% respectively over the same period of last year. The continuous increase of these indicators follows China’s policies that strongly support the import of advanced medical technologies, in order to promote the domestic medical device technology innovation.
This Business Mission brought a lot of world leading medical products, technologies and solutions to China; from custom-made Red Product Design Award winning magnifying loopes for dentists, and the world's first Pulsed Electromagnetic Fields device with an ultra-light flexible applicator, to robotic and computer-aided therapeutic devices in the neuro-rehabilitation area. The European companies that own these products and technologies are mostly top global companies with a good reputation in the industry.
For this Business Mission to Shanghai, the EU Gateway to China Programme organised a site visit to a secondary level public hospital - Xuhui Central Hospital - with the support of the local Partner Organisation Fenglin Biomedical Center (BioFM). This site tour offered European companies a valuable opportunity to gain first hand practical knowledge of the state of affairs of medical devices in use in Chinese hospitals.
This Business Mission was also supported by the Mission’s Special Partner Organisations, the Shanghai Pudong Bio Industry Association and Zhangjiang Hi-Tech Park·Pharma Valley of China, and other Chinese Partner Organisations of the Programme, including Shanghai Juke Biotech Park, the China Investment Promotion Agency, Jinan Investment and Promotion Bureau, Jinan Innovation Zone Life Science City, China Association of Small and Medium Enterprises and EU-China Industrial and Commercial Investment Promotion Union.
A representative of the EU Delegation to China attending the Mission, Ms Natividad Lorenzo, stated that “through bringing outstanding European companies to Chinese key markets, and building a barrier-free communication platform, EU Gateway to China expects to help European and Chinese companies making new business contacts, expanding markets, and achieving innovation cooperation. This June, we will also organise a Business Mission for environment and water technologies companies to facilitate EU-China business in this other fast-growing industry, continuing to provide a business platform for interested Chinese companies within economic priority sectors. The long-term aim is to increase EU-China Trade and Investment relations”.
For more information about the EU Gateway to China Programme, please visit: www.eu-gateway.cn.