MDCE news out!!! BEIJING, July 26, 2011 /PRNewswire/ -- Medical Care Technologies Inc. (OTCBB: MDCE) - As China continues to develop into a global economic power, the country's infrastructure is also facing an upgrade as well. Key among its growth sectors is healthcare as evidenced by a heavy investment in government healthcare spending, especially children's healthcare.
With China's growing middle-class population, the demand for advanced healthcare services has increased in step with the rising disposable income of its 1.3 billion people (est.) and the industry is forecasted to grow at a CAGR of over 16% for the period 2011-2013 (China Healthcare Sector Analysis: China Business, May 2011).