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BIZCHINA> Top Biz News
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Chinese shares up on healthcare reform plan
(Xinhua)
Updated: 2009-04-07 16:49 Chinese equities rose slightly Tuesday after the government announced long-anticipated health reform plans.
Gains outnumbered losses by 641 to 275 in Shanghai and 568 to 210 in Shenzhen. Combined turnover was 181.6 billion yuan ($26.59 billion), down from 241.45 billion yuan on the previous trading day. China unveiled a blueprint for health care reform over the next decade Monday and followed up with further details Tuesday, kicking off a long-awaited plan to fix the ailing medical system and ensure fair and affordable care for all 1.3 billion citizens. The reform plan would provide a strong boost to the medical industry, as increased government spending would benefit pharmaceutical companies and medical instrument producers, analysts said. (For more biz stories, please visit Industries)
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