By Li Qiang King & Wood Mallesons’ Corporate & Securities Group

Ili_qiangn recent years, the Chinese government has been dedicated to the reform of state-owned hospitals and has issued a series of policy papers in this field, including Opinions of the State Council on Deepening Medicine and Health System Reform issued by the State Council in 2009, Opinions of the National Development and Reform Commission, the Ministry of Health and Other Departments on Further Encouraging and Guiding Social Capital to Establish Medical Institutions promulgated in 2010, and Circular of the General Office of the State Council on Progressing the Guiding Opinions of the Ministry of Finance, the National Development and Reform Commission and the People’s Bank of China on Promoting the Public-Private-Partnership (PPP) Mechanism in Public Services (“the Guiding Opinions”) published in 2015. Particularly in the Guiding Opinions, the government promotes the development of non-public medical institutions, and specifically encourages social capital participation through the public-private-partnership (PPP) mechanism for public services including medical treatment, and healthcare This makes a big contribution to the prospects of system innovation in the healthcare sector.

In this context, it is essential to broaden the international perspective, and to seek valuable experience and innovative ideas from health sector developments in other countries.

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