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BUSINESS & TECH

China’s Prescription for Overburdened Hospitals — Medical Malls

An employee works on Sept. 21 at the Quancheng International Medical Center, China’s first officially approved medical mall, in Hangzhou, East China’s Zhejiang province. Photo: IC
An employee works on Sept. 21 at the Quancheng International Medical Center, China’s first officially approved medical mall, in Hangzhou, East China’s Zhejiang province. Photo: IC

China is expected to see a slew of openings of medical malls vying for shares in a market largely dominated by public hospitals, as investors seek to capitalize on the liberalization of the country’s health care sector to private investments.

The latest project in Guangzhou city, planned by the Guangzhou International Medicine Port and a Chinese unit of the International Hospitals Group, involves an investment of 1 billion yuan ($157 million).

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