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Medical device exports shows positive trend

According to data released by the General Administration of Customs, my country’s medical device imports will grow steadily in 2023. The cumulative imports value from January to May is 39.09 billion yuan, a year-on-year increase of 6.1%. In addition, the export of major medical commodities also showed a positive trend during the same period, with an export value of 40.3 billion yuan, a year-on-year increase of 6.3%.

Yang Jianlong, deputy secretary-general of the China Medical Devices Association, said that the import and export trade of medical devices is generally good this year. The overall recovery of the global economy and the continuous improvement of medical consumption have created a good external environment for my country’s medical device foreign trade activities. Under the favorable global environment, domestic medical devices are constantly improving in terms of quality, performance, and cost performance. So as to gain more recognition and favor from foreign customers.

In addition, Chinese companies are actively expanding their international channels this year, trying to find new business opportunities. This proactive approach has opened up more trading opportunities for the industry. The continuous improvement of the quality of domestic medical devices, the recovery of the global economy, and the active international expansion of Chinese companies have jointly promoted the trade in the field of medical devices.

This positive trade trend not only reflects the growth and strength of China’s medical device industry, but also demonstrates China’s ability to meet the growing global demand for medical devices and equipment. With the continued recovery of the global economy and the continuous improvement of medical consumption levels, my country’s medical device import and export trade is expected to maintain a good momentum. China’s commitment to innovation and improving the quality of medical devices, coupled with aggressive international expansion, will allow China to further strengthen its position in the global medical device market.

- News from People Daily

Post time: Aug-19-2023