The life science and healthcare industry will focus mainly on the development of biopharmaceutical, advanced medical device and intelligent healthcare product manufacturing, and extend further into related service sectors such as healthcare and pharmaceutical circulation. Shanghai is committed to building a full-fledged life science and healthcare industry chain with global competitiveness by promoting integrated development of the industry with information technology.

Industry Advantages

1. Accelerated Development of Medical Devices

The China Bio Innovation Conference 2022 witnessed the signing for the establishment of the Shanghai Yangtze River Delta Innovation Research and Testing Center for High-end Medical Devices, which will go into service in 2023.

In 2022, about 50 innovative medical devices were approved for market launch in China, and seven of them came from Shanghai, making up about 14 percent of the national total.

In 2022, medical device registration in Shanghai took about 100 calendar days on average, nearly one third shorter than that at the beginning of 2021.

2. Remarkable Achievements of "Healthcare + Internet" Integration

Shanghai currently has more than 100 municipal-level, district-level and private internet hospitals. Among them, 89 public internet hospitals can provide cross-hospital re-examination and dispensing services.

3. High-quality Development of Healthcare

Shanghai has issued the Implementation Opinions on Promoting High-quality Development of Contracted Family Doctor Services in Shanghai.

By 2025, the city will expand the family doctor services to cover over 45 percent of its permanent residents and at least 80 percent of priority groups, including incapacitated and disabled seniors, and ensure at least 60 percent of the signed priority patients can receive community-level health services.

Source: Shanghai Foreign Investment Guide 2023