Healthcare is shaping up to become the next big thing for venture capitalists trying to make money on the Chinese economic boom. While growing amounts of money are channelled into pharmaceuticals and chemical equipment makers, information technology sector is receiving a smaller share of the nation's venture capital money.

China's pharmaceutical industry would expand by 15 to 16 percent this year, compared with average global growth of just five to six percent. High growth could continue for many more years in China, as its healthcare industry -- broadly defined as hospitals, medicine and equipment -- is still underdeveloped compared with other nations.

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