What's Driving China's Trillion Dollar Health Care Market?

China is one of the fastest-growing major health care markets globally, with a five-year compound annual growth rate of 13%, compared to just 3% in the United States and 2% in Japan*. In 2015 China surpassed Japan to become the second-largest health care market globally**. Since then, total health care expenditure in China has nearly doubled from $594 billion to over $1 trillion in 2019***. Join us for a webinar on China's growing health care sector with KraneShares CIO, Brendan Ahern, and Head of International, Dr. Xiaolin Chen. Topics covered will include: ○ Factors driving growth: How China's aging population, rising incomes, and increasing urbanization may provide a sustained catalyst for growth in China's health care sector. ○ An overview of the China health care ecosystem, including Patent and generic pharmaceuticals, medical equipment production, hospital administration, biotechnology, traditional Chinese medicine, health care IT. ○ Living in a post-COVID-19 world: What's on the horizon for health care in China. ○ Accessing the opportunity: An introduction to the MSCI All China Health Care Index ETF (LSE: KURE). *Statista, “Health expenditure in China from 2000 to 2018”, retrieved 31 Dec 2020. **Major health care markets defined as top five global markets by the World Health Organization. Data from the World Health Organization as of 31 Dec 2015. ***Statista, “Total health care expenditure China 2019”, retrieved 31 Dec 2020.