The World Bank on Friday released a new report on China's health care system.

The new Work Bank report on China' health care system said that the largest Asian nation could save up to three percent of its Gross Domestic Product (GDP) in next two decades by initiating deeper health sector reforms.

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The report, which lauded the Chinese government for reducing child and maternal mortality, said that China should switch from its present hospital-centric model to people-centric integrated care model.

The President of the World Bank Group Jim Yong Kim praised the Chinese government for making efforts to improve its health care system in past few decades.

"Decades ago, China's innovations in health such as barefoot doctors and cooperative healthcare showed the world it was possible to improve the health and greatly increase the life expectancy of hundreds of millions of people," Kim said, according to state-run Xinhua news agency. "Today, China can once again lead the way with cutting-edge primary healthcare reform that puts the patient first and shifts away from expensive hospital care that often does little to improve the health of people," he added. "If China institutes these reforms, we believe it will improve the healthcare system for all Chinese -- or one in every six people in the world."

The report, however, warned that the country's rapidly aging population and the recent increase in non-contagious diseases poses a massive health threat to people in China. The World Bank document also said the country's health budget would touch 15.8 trillion yuan in 2035 from 3.5 trillion yuan (in 2014).

Read World Bank' "Health Reform In China" Report here. Check out a multimedia version of the report below.

 

Tagschina, World Bank, Health Reforms, GDP