Business

Healthcare Spending in China: Government Boosts Consumption

Updated 2026-10-16 04:40 UTC 1 source Positive

The International Monetary Fund reports that Chinese citizens are spending a significant portion of their income on healthcare. Increased government expenditure could help boost overall consumption.

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CNBC

People in China are spending nearly as much of their income as Americans on healthcare

Increasing government spending on healthcare could help boost consumption in China, the International Monetary Fund said.

2026-10-15 23:00 UTC