China’s first wholly foreign-invested tertiary hospital, the Perennial General Hospital, opened in Tianjin on February 26.
Established by the Singapore-based Perennial Holdings, a real estate and healthcare firm, the multi-disciplinary hospital has 500 beds and an international department. It was built and equipped at a cost of 1 billion yuan (US$142.9m). Doctors and medical groups can use the hospital’s shared facilities and resources for diagnostics, lab tests and conducting operations.
The hospital comes after China issued a document in November 2024 that ordered an expansion of pilot areas that are open to wholly foreign-invested hospitals.
According to the document, the authorities defined nine cities as pilot areas, including Tianjin, Beijing, Shanghai and Guangzhou. Foreign-invested hospitals are not allowed to set up blood and genetics-related departments, such as hematology and organ transplants, nor can they get involved in assisted reproduction, obstetrics, infectious diseases or areas related to traditional Chinese medicine.