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As of 2017, China has more SOEs than any other country, and the most SOEs among large national companies. [1] [page needed] As of the end of 2019, China's SOEs represented 4.5% of the global economy [2] and the total assets of all China's SOEs, including those operating in the financial sector, reached US$78.08 trillion. [3]
The report suggests that without health care reforms the spending on health care in China will increase to 9% of China's GDP by 2035 which is an increase from the 5.6% of China's GDP in 2014. [ 34 ] With substantial urbanization, attention to health care has changed.
A state-owned enterprise (SOE) is a business entity created or owned by a national or local government, either through an executive order or legislation.SOEs aim to generate profit for the government, prevent private sector monopolies, provide goods at lower prices, implement government policies, or serve remote areas where private businesses are scarce.
China Silk Corporation 中国中丝集团公司 74 China Forestry Group 中国林业集团公司 75 China National Pharmaceutical Group: 中国医药集团总公司 76 China Poly Group Corporation: 中国保利集团公司 77 China Construction Technology Consulting Corporation 中国建筑设计研究院 78 China Metallurgical Geology Bureau
Health care services in China are primarily provided by state-owned hospitals. Health insurance is primarily operated by local government. The Human Rights Measurement Initiative [6] finds that China is fulfilling 98.4% of what it should be fulfilling for the right to health based on its level of income.
Within the health system, the Classification of Chinese hospitals is a 3-tier system according to the Ministry of Health of the People's Republic of China. [1] Hospitals are classified in a system that recognizes a hospital's ability to provide medical care, medical education, and conduct medical research.
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China National Pharmaceutical Group Corporation (CNPGC), commonly referred to as Sinopharm, is a Chinese state-owned enterprise.The corporation was the indirect major shareholder of publicly traded companies Sinopharm Group (SEHK: 1099, via a 51–49 joint venture, Sinopharm Industrial Investment, with Fosun Pharmaceutical), China Traditional Chinese Medicine [] (SEHK: 570, mostly via ...