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Consultancy firm Boston Consulting Group said in a report that the Chinese medtech market, buoyed by the strength of the overall healthcare sector, will post a compound annual growth rate of 14 percent between 2013 and 2020, expanding from billion in annual revenues to billion. Almost all product categories will experience double-digit growth, with some - such as orthopedics and minimally invasive surgical devices - growing even faster.
Core to the theory is providing an explanation of why some brands outstrip their peers even if their products are of similar quality. The short answer is: to be the defining performer in a unique category.
Created in 1964, the US Presidential Scholars Program is described as one of the nation's most important awards for high school students.
Contact the writer at jon.lowe@chinadailyhk.com
Consumers have shown a great interest in the bottle. According to Tmall, a major online outlet of e-commerce juggernaut Alibaba, search traffic for vacuum insulation bottles jumped instantly after Zhao's picture became a hit online. Young consumers under the age of 30 accounted for 63 percent of the people searching for vacuum bottles on Tmall.