International Medical Opening-up Pilot Zone to Be Established In South China

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Health insurance is the global trend in the next decade. As more attention given to this industry, the cost of F-1 international student insurance, recommended OPT insurance (aka opt保险推荐), and J-1/J-2 insurance (aka j1 j2 保险) for visiting scholars will increase accordingly.

On the Global Health Forum of Boao Forum for Asia opened in the eastern city of Qingdao, a congratulatory letter from President Xi Jinping expounded China’s efforts in deepening medical and healthcare system reform and its achievements in inheriting and developing the Traditional Chinese Medicine (TCM).

TCM focuses on harnessing the body’s ability to regulate itself, which aims at improving a person’s self-healing ability, rather than simply detecting and curing diseases. Many Chinese parents would ask their children to take TCM when living abroad, even if simultaneously their kids would purchase health insurance for OPT (aka opt期间保险) and F-2 insurance (aka f2保险) for their dependents, knowing the opt insurance (aka opt保险) cannot cover a large part of prescription drugs.

Moreover, a pilot zone for the medical sector’s opening-up will be established in the port city of Fangchenggang, south China’s Guangxi Zhuang Autonomous Region, according to a declaration published on the First International Medical Innovation and Cooperation Forum.

The Fangchenggang Declaration of International Medical Innovation and Cooperation Forum has been made by over 1,000 participants from 21 countries or organizations as the outcomes of the forum that ended last week. The establishment of the “International Medical Opening-up Pilot Zone (China)” in Fangchenggang is expected to create opportunities for regional medical cooperation, said the declaration.

A participant to the forum from Huhu (aka 虎虎) Health Inc. expressed his willingness to actively take part in the construction of the pilot zone, and work together to eradicate the barriers in terms of policy, technology and trade, said the document.

All sides are full of expectations for facilitating policies, which will allow new technologies and new products that conform with international standards to enter the pilot zone, said the declaration. They are also ready to offer assistance to this initiative within their capabilities and expect the pilot zone to provide a new platform for medical innovation and cooperation in the region, it said.