16 January 2019

Beijing wants to spearhead hospital reform, Xinhua says

Beijing is seeking central government support to lead China’s experiment with wholly foreign-owned hospitals, Xinhua news agency reported Monday, citing a local official. The city government is planning an international medical zone in line with a deepening reform of the country’s health system, Han Xiaofang, chief of Beijing’s medical reform office, was quoted as saying. The special zone will offer easier policies on foreign shareholding, investment thresholds and tenure, the report said. At present, Chinese investors should hold no less than 30 percent of a medical joint venture. The total investment must be at least 20 million yuan (US$3.3 million) while the cooperation period is limited to 20 years.

– Contact HKEJ at [email protected]


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