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The Economic Roundup is an excerpted translation of the Chinese-language ROC Economic Yearbook published by the Economic Daily News, a sister publication of the Taiwan Economic News. The yearbook is the most comprehensive and authoritative source for understanding the fundamentals of Taiwan's economy, both in the macro and micro aspects. The excerpted translation gives foreign readers a concise view of the island's overall economic picture. It is divided into four parts: general economy, primary industries, secondary industries, and tertiary industries.
 
 Tertiary Industry > Medical And Health Care Service
Overall, the domestic medicine and health care service industry, including medical institutions, pharmaceutical establishments, and other medical institutions, continued to grow in 2004. The number of public and private medical institutions, for instance, advanced 2.47%, the total number of their sickbeds rose 5.14%, and total employment of medical personnel upped 5.19%. Judging from the indicators of the number of sickbeds (or the number of medical-care personnel) for every 10,000 people and the number of people served by every sickbed (or medical-care personnel), we see the supply and efficiency of the island's medical facilities have continuously improved in recent years.

Since local citizens' demands for medical care and health care services, in terms of both quantity and quality, have continued to increase, the outlook for the medical and health care service business is good. Looking ahead, since the national health insurance program may be reformed in many aspects and the existing restrictions on foreign investments in the medical field are likely be removed, in line with the government's commitment to the World Trade Organization, domestic medical and health care service industry will face increasingly stiff competition.

   
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