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China's First Wholly Foreign-Owned Hospital: Luye International Medical Center

Updated: 4 days ago

Shenzhen TV reports on December 7, 2024, at 12:23 from the official account of the "Shen Shi News" program.


On December 6, at the 2024 Shenzhen Global Investment Promotion Conference, it was announced that Green Leaf Medical Group has entered into a cooperation agreement with the Shenzhen Municipal Health Commission to pilot the establishment of the first wholly foreign-owned hospital in Shenzhen.


Previously, on November 29, the National Health Commission and the Ministry of Commerce, among other departments, officially released the "Pilot Work Plan for Expanding Openings in the Wholly Foreign-Owned Hospital Sector,” clarifying the specific conditions for setting up wholly foreign-owned hospitals.


China's First Wholly Foreign Owned Hospital
Maitland Private Hospital - One of the operations Luye has in Australia

According to reports, this strategic cooperation agreement between the Shenzhen Health Commission and Luye Medical Group is set to establish an international medical headquarters and a wholly foreign-owned specialized hospital in Shenzhen. It will become the first implemented wholly foreign-owned specialized hospital project in the country following the announcement of the plan by the four national departments.


Luye Medical Group, part of the Luye Sciences Group, has operations in Singapore, Australia, Singapore, and China. The group plans to integrate domestic and international medical resources to set up an international medical headquarters in Shenzhen and leverage overseas medical resources to pilot the establishment of a wholly foreign-owned tertiary specialized hospital, providing diverse medical services for the Greater Bay Area population.


Previously, a relevant official from the Medical Administration Department of the National Health Commission emphasized that allowing the pilot establishment of wholly foreign-owned hospitals is a beneficial practice and exploration for China's healthcare sector's opening to the outside world. This is advantageous for forming complementary synergies with domestic hospitals and meeting the multi-level and diverse health service needs of residents.


The National Healthcare Security Administration also expressed hope that once wholly foreign-owned hospitals enter the domestic market, they will help build a multi-tiered healthcare security system and provide differentiated services to better meet the diverse and differentiated healthcare needs of the public.


In addition, the Shenzhen Municipal Health Commission revealed that Shenzhen has already developed a "package" of supportive measures for wholly foreign-owned hospitals, which will be announced soon.


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