Imports and Exports of Chinese Medical Instruments Were Increased against the International Financial Crisis
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Under the background of international financial crisis, the diagnostic and treatment instruments, as the uppermost export products in Chinese medical instrument industry, had kept two digital growths in the exports in 2008. The total imports and exports of the medical instruments in China reached 16.28 billion USD, up by 28.21% year on year, in which the export amounts were 11.067 billion USD, up by 31.46% and the import amounts were 5.216 billion USD, up by 21.81%, 5.851 billion USD of trade surplus, extended by 1.718 billion USD compared with the same period of previous years.
Generally speaking, the medical products belong to the inelasticity consumption products, less affected by the macro-economy situation. In the developed countries especially in European Union, the medical costs are paid by the state finance or social commercial insurance. The influences of international financial crisis on them are lagging. Therefore, the demands for Chinese diagnostic and treatment instruments in the global market remain strong.
Besides, the financial crisis also brings unexpected opportunities for Chinese medical instrument industry. In the 4-trillion-Yuan investments for expanding the domestic demands issued by Chinese government, near tens of billions of Yuan are specially used to perfect the medical conditions in the rural, which means the domestic medical instruments will enter the rural market where were not involved before. Also, the financial crisis makes the European and American equipment buyers have to choose Chinese medical instruments, which are low in price and good in quality.

