China to reform Health Care by 2020

In response to the negative impact the global financial crisis and lagging health care system have left on the domestic economy in China, the Chinese government will attempt to complete health care reforms by 2020.

These reforms seek to provide "safe, effective, convenient and affordable health services to urban and rural residents," which number over one billion.

Government spending on this is projected in the hundreds of millions. Initial stages are expected to allow more than 90 percent of the population to be covered by basic medical insurance by 2011.

Reuters Article: http://www.reuters.com/article/latestCrisis/idUSSP395394