China launches first commercial insurance for invasive brain-computer interface surgery

China has introduced its first commercial insurance policy covering invasive brain-computer interface (BCI) surgery, marking a landmark development in the country's neurotechnology sector. The policy is a collaboration between state-owned insurer PICC Property and Casualty and a hospital affiliated with Zhejiang University. The move is designed to accelerate the commercialization and broader adoption of BCI innovations within China. It reflects Beijing's strategic ambition to position itself as a global leader in brain-computer interface technology, a field where companies like Elon Musk's Neuralink have been prominent.