more support to private hospitals. According to the policies, private hospitals will have the same assessment system as
public hospitals, the government will not limit the opening of general clinics, third-party medical insti
tutions will have their own standards, and internet hospitals will be encouraged.
Judging from the policies, opening up the incremental market will c
ontinue to be an important direction for medical reform in the nex
t few years. At the same time, the government will also tighten the supervision of private hospitals, in the ho
pe of forming a diversified system with public hospitals being the main body, supplemented by private institutions.
On Nov 5 2018, President Xi Jinping gave a speech during the opening
ceremony of the China International Import Expo, stating that China is steadily expanding the
opening-up of the financial sector, and will loosen limitations on foreign investment in the medical field.
Market insiders said that this is a positive signal for China’s medical sector to attract foreign investment.
According to the notice issued by the government in 2000, forei
gn capital can contribute up to a 70 percent share of China’s medical institutions.