real breakthrough into medical devices market of china nccba june 2005 xingzhou liu md mba north carolina chinese business association agenda overview potential opportunities status quo barriers and gaps about proposed service s a you cannot ignore largest population in the world 1 3 billion people 6 4 10 device 2004 estimation growing 15 annually double growth rate industry worldwide highly fragmented more than 600 manufacturers operating without dominant players immediate demand for technologically advanced equipment services from developed countries ie united states europe as member wto abides by same standardized patent protection laws due to different sources definition fast developing healthcare government has pledged invest additional 36 expenditures over next four years substantial expanding middle class open post entry era lower tariff ca 9 since january
