China encourages foreign businesses to build hospitals

During the 2007 Public-Private Sector Cooperation Forum (Health), one investor segment of the World Bank Group expressed its desire to promote cooperation between public and private medical institutions in China, particularly by investing in hospitals. The International Finance Corporation (IFC) hopes to invest US$700 million in Chinese hospitals during the 2006/2007 fiscal year.

According World Bank (WB) spokesperson, the WB has already invested in two medical projects in China, providing a 64.88-million-yuan loan to Hemujia hospital and its clinics in Beijing and Shanghai, and a 64-million-yuan loan to Albert Ophthalmology Hospital.

Analysts say that the rapid development of the medical service market in China has created a lot of investment opportunities in recent years. China has one of the most attractive investment environments for medical services in the world.

By People's Daily Online