Growth of medical device export value to the BRI countries from China H1 2023
In the first half of 2023, the export value of medical device products to Russia saw an annual growth of more than 57 percent compared to the same period in the previous year, while the export value to Hong Kong SAR declined by 55.5 percent. In general, China exported more domestically produced medical devices to the countries covered in the "Belt and Road Initiative" in the past five years. The Chinese government adopted the strategy to promote the economic cooperation between China and Eurasian countries.