Recently, an article titled “Multinational Giants Are Abandoning China’s Medical Market” has been making waves online. According to partial statistics, a total of 42.7 billion yuan has been withdrawn from China, affecting as many as 137 life-saving medical devices. Meanwhile, new investments totaling 8.6 billion yuan are mainly focused on low-tech medical consumables like gauze and IV tubes. The article warns that this trend is a serious wake-up call for China’s medical equipment industry.
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