Want China Times, Tu Hue-rong and Staff Reporter 2014-06-17
China is attempting to attract cooperation with Taiwan's healthcare sector by plowing funds into opportunities that involve exchanges in medical techniques and equipment, reports our Chinese-language sister paper China Times.
A model of a human heart displayed in a hospital waiting room in Taipei. (Photo/Wang Chin-ho) |
China is attempting to attract cooperation with Taiwan's healthcare sector by plowing funds into opportunities that involve exchanges in medical techniques and equipment, reports our Chinese-language sister paper China Times.
China's
president, Xi Jinping, recently announced that the country will ramp up
healthcare spending and will allow private capital investment in the domestic
medical industry. The announcement will likely benefit Taiwanese firms looking
to expand overseas.
Taiwan's
medical industry is recognized as one of the best in the region and the
country's expertise could boost China's burgeoning sector, with Chinese
hospitals already actively seeking cooperation with their Taiwanese counterparts.
Medical
management operators in Taiwan previously signed a eight-year cooperation deal
with China. The cooperation was eligible for a two-year extension in case both
parties were happy. However, Chinese firms now hope to deepen relations with
joint ventures.
China is
attempting to woe a number of companies, most notably CHC Healthcare Group, an
investment holding company, which distributes medical equipment in Taiwan and
overseas. Meanwhile, Taiwanese hospitals, such as the Kaohsiung Medical University,
Taipei Medical University and Changhua Christian Hospital are also sought to
establish a proper system for their mainland counterparts.
Lee
Shih-jen, a spokesperson for CID Group, a Taiwanese venture fund company, said
that Taiwanese firms could command a large share of China's medical management
field in the future.
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