Premier visits Wego Group, encourages medical industry growth

2017-04-20
english.gov.cn

When he heard that the company produced its own complete set of hemodialysis equipment in the dialysis center, leading to a one-third reduction in costs, Premier Li praised the company's contribution to the country’s medical care development, and encouraged scaling up manufacturing to cut fees further.

The Premier praised the production of advanced technologies by the company. Wego Group manufactures more than 500 kinds of medical instruments and medicines with more than 80,000 specifications. Also, high-tech and high value-added products make up 80 percent of the total products made by the company.

Wego, or Weigao in Chinese, means "Weihai high polymer materials", according to the chairman of the company.

China is a middle-income country with an increasing demand in medical care, the Premier said. Accounting for less than 5 percent of China's industries, the industry lags developed countries, with huge market potential, he added.

As the industry concerns people's health, efforts should be made to develop it as one of China's supporting industries, the Premier said.