On October 17, the 2024 Fortune China 500 Summit kicked off in Shanghai, marking a pivotal moment for Chinese business leaders. This summit serves as a significant platform for fostering the internationalization of Chinese commerce and enhancing the nation’s standing in the global business landscape.
This year, with the theme of “New Momentum, New Breakthroughs,” the summit has attracted over 400 leaders from Fortune 500 companies, CEOs of multinational corporations, and renowned scholars. They convened to delve into pressing issues that affect both society and the modern era. As a strategic partner of the summit, iKang Health Group collaborated with industry frontrunners to explore innovative ideas and chart a path toward the future amid this transformative landscape.
The 2024 Bank and Insurance High-Net-Worth Client Health Green Book was jointly released by Fortune magazine and iKang Group during the summit. This report aims to provide authoritative data analysis and professional health advice for the health management of high-net-worth individuals. It seeks to build a high-quality lifestyle while prompting society to reevaluate the critical relationship between wealth and health.
Zhang Ligang, the founder and CEO of iKang Group, attended the summit and shared insights on “Enhancing Well-Being Through Innovation.” He provided a detailed analysis of the Green Book, emphasizing that “Health management is just as vital as wealth management. Both are crucial for individual quality of life and future well-being, and they are key factors for sustainable societal development.” Since 2011, iKang Group has been conducting follow-up studies on the health issues faced by high-net-worth individuals, producing a series of precise health data reports focused on this demographic.
The statistics in the Green Book are drawn from health check-ups conducted at iKang Group facilities from September 1, 2023, to August 31, 2024, covering approximately 311,900 visits. It includes data on 20 different health abnormalities related to cardiovascular, metabolic, endocrine, and digestive systems. The criteria for assessing these abnormalities reference national industry standards, authoritative reports, and medical guidelines, with all health data stored securely in a private medical cloud.
The findings reveal that cancer is increasingly affecting the high-net-worth population. From September 1, 2023, to May 31, 2024, out of nearly 244,000 visits, at least 444 individuals were diagnosed with cancer, with a detection rate of approximately 1.82‰. Notably, thyroid cancer had the highest rate among these cases.
Discussing the increasing prevalence of cancer among younger individuals, the Green Book highlights that out of high-net-worth clients diagnosed with cancer, 51 were below 40 years old, with the youngest being just 23. This serves as a call to action for preventative measures and greater awareness of health issues at a younger age.
With lung cancer being the leading cause of cancer-related deaths in China, the Green Book underscores the importance of early detection through effective screening methods such as low-dose spiral CT scans. It found that a significant proportion of lung cancer cases were detected through these advanced imaging techniques.
Zhang Ligang also addressed the necessity of consistent health check-ups among high-net-worth individuals, especially in light of the increasing detection rates for various health conditions like thyroid nodules and fatty liver disease. He stressed that proactive health management should be an integral part of wealth management strategies.
As the conversation continues around health innovation and technology, the summit facilitated a roundtable discussion featuring industry leaders such as Liang Ying from Lenovo Capital and Wu Chen from BCG, who explored how innovative technologies are redefining health management.
Zhang concluded by stating, “The emergence of artificial intelligence is transforming the industry, providing effective tools for enhancing public health.” His commitment to the sector is evident as iKang integrates cutting-edge technologies into their health management services.
The overarching message from the summit and the Green Book is clear: prioritizing health is paramount for achieving a fulfilling life, and high-net-worth individuals should commit to regular and comprehensive health screenings to ensure their well-being.
