China has allowed private hospitals solely owned by foreign investors to open in seven cities and provinces, the Ministry of Commerce (MOC) announced on Wednesday.
Wholly foreign-owned hospitals are permitted in the cities of Beijing, Tianjin, Shanghai and the provinces of Jiangsu, Fujian, Guangdong and Hainan, according to a statement jointly issued by the MOC and the National Health and Family Planning Commission dated July 25.
Foreign investors can either set up a new hospital or take part via mergers and acquisitions, it said.
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Cite this blog post
Sebastien Goulard (2014, September 1). Foreign-owned hospitals in Chinese cities? URBACHINA. Retrieved February 27, 2024, from https://doi.org/10.58079/v2vg