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Financing Lung Cancer Screening in China

To discuss possible funding mechanisms to facilitate ambitious lung cancer screening programs in China, the Milken Institute convened a Financial Innovations Lab in Guangzhou (formerly Canton) in Guangdong province in December 2017. The city is one of the pilot cities chosen in 2012, and the Guangzhou Municipal Health and Family Planning Commission is now conduct-ing its own screening demonstration project for 120,000 residents within one of the city districts. The Yuexiu district was chosen for its proximity to the Guangzhou Medical University 1st Affiliated Hospital, which is conducting the screening. The Financial Innovations Lab brought together investors, donors, industry and health practitioners, and government officials, and focused on financing models that have already leveraged public-sector funding to attract private investment while introducing new sources of potential capital for future funding flows. This report summarizes the discussion and outlines steps to move the funding models into implementation.