Abstract
The chapter describes the trajectory of Chinese economy along the 40 years of reforms started by Deng Xiaoping. The goal is to better understand the changes and evolution of demand and supply of healthcare goods and services in China in the light of the impressive Chinese growth and economic development. Beside the Open Door and Go Global policies, a specific attention is paid to the New Normal and Xi Jinping’s economics. The Made in China 2025 Plan and the Belt and Road Initiative are examined as a combined set of industrial policies that are turning China into a world-class innovation-oriented economy. The case of healthcare industries is analysed in the light of those policies, in order to introduce the following chapters, where healthcare industries are examined in detail. After a brief depiction of the Chinese healthcare context in terms of both demand and supply, some data about word trade of healthcare goods are examined, to better frame the actual competitive position of China compared to other Western countries.
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