AI, biotech seen transforming healthcare

Sean Shan, senior vice-president of Takeda, introduces the company's digital transformation over the past years at the 2023 China International Import Expo in Shanghai in November. For example, when AI-enabled technology platforms are docked with huiminbao — a commercial healthcare insurance that supplements public healthcare insurance — patients no longer need to jump through hoops to process claims. By matching claim rules under different scenarios, different policies and different customer groups, AI is able to process six claims per second, and issue claim reports within 8 seconds, with an accuracy of 99.8 percent. Moreover, AI helps to infer the risks of claim cases and gives corresponding suggestions, greatly cutting enterprises' operating costs," said the spokesperson of Shanghai-based MediTrust Health, a company that offered AI technology support to huiminbao. Zheng Shanjie, head of the National Development and Reform Commission, the country's top economic regulator, said that China will take solid steps to accelerate the development of new quality productive forces, boost industrial innovation via technological innovation, speed up the upgrading of traditional industries and foster emerging industries.