Industry comments
On April 20, the National Health Commission issued the list of county hospitals for the comprehensive capacity improvement of county hospitals under the "thousand county project", which defined the county hospitals participating in the comprehensive capacity improvement of county hospitals under the "thousand county project", and comprehensively launched the comprehensive capacity improvement of county hospitals under the "thousand county project". The "thousand county project" aims to improve the comprehensive capacity of county hospitals and continuously promote the construction of county hospitals and county medical communities, which can effectively alleviate the imbalance of medical service supply and improve the happiness index of county residents. The full launch of the "thousand county project" will promote the construction of county medical community, and the demand side potential of new medical infrastructure is huge.
On April 20, the general office of the National Health Commission issued the national restricted technology catalogue and clinical application management specification (2022) (hereinafter referred to as the specification), which adjusted the catalogue of medical technologies restricted by various medical institutions at all levels. The adjustment revised the management norms and medical quality control indicators related to the retained artificial intelligence assisted therapy technology, and strengthened the supervision. The new version of the medical technology catalogue cancels the technical restrictions of artificial intelligence assisted diagnosis and injects new vitality into the AI diagnosis track. The new version of the catalogue has liberalized the restrictions on AI assisted diagnosis. In the future, the market space of AI assisted diagnosis technology will be further expanded, and companies deeply engaged in AI medical treatment will usher in new industry opportunities.
On April 21, the general office of the State Council issued the opinions on promoting the development of individual pensions. From the perspective of residents' welfare, the release of individual pension system can encourage residents to participate in the long-term investment of individual pension and effectively improve residents' welfare. From the perspective of investment, many advantages of personal pension, such as personal tax preference, flexible insurance mechanism and wider investment scope, will stimulate the vitality of all levels of society.
Recently, the State Council issued the "opinions on accelerating the construction of a national unified market". Accelerating the construction of a national unified market, eliminating improper market competition and market intervention, and breaking regional barriers will help retail pharmacies break through local protectionism and accelerate the progress of M & A integration. Building a unified market can solve the problem of regional inconsistency in drug circulation management, save the management cost of drug circulation across regions, and promote drug circulation enterprises to reduce costs and increase efficiency.
Investment advice
It is suggested to pay attention to the elderly care, medical services, AI medicine, pharmacies, pharmaceutical circulation and other related industries.
Risk tips
The risk of expanding the scope of centralized procurement, the risk of price reduction exceeding expectations, the risk of product supply falling short of expectations after winning the bid, the risk of epidemic uncertainty, and other policy and market risks.
