China to spend S$2.2b to subsidise hospital reform in 2016
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[SHANGHAI] China will spend 9.8 billion yuan (S$2.2 billion) to subsidise public hospital reform next year, the Ministry of Finance said in a statement on Thursday, as the country looks to overhaul its creaking national healthcare system.
China's government, which has been struggling with overcrowded city hospitals, simmering tension between patients and doctors, and widespread bribery in the sector, will spend 11.1 billion yuan to subsidise the reform process in 2015.
The country's much-hyped healthcare reform drive is facing a number of obstacles, including a perceived lack of support from central government and challenges of private firms working within the huge, fragmented public sector.
REUTERS
Share with us your feedback on BT's products and services
TRENDING NOW
Air India asks Tata, Singapore Airlines for funds after US$2.4 billion loss
‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
South-east Asian markets account for 8.8% of global capital inflows from 2021 to 2024: report