Beijing pushes foreign investors into healthcare
October 18, 2012 | BY
clpstaffA new Beijing Policy is designed to attract foreign investors to the healthcare sector, which is expected to develop rapidly, but until regulations at the national-level catch up investors can only guess at the true impact
Details of the Policy emerged at the end of August, with many expecting it to become effective by the end of the month. The policy is expected to offer some relief to foreign investors who have to overcome multiple regulatory approvals in order to enter the promising but highly regulated medical industry.
Signs that the sector was opening up first came in 2011, when the updated Foreign Investment Industrial Guidance Catalogue (外商投资产业指导目录) became effective and the 30% minimum equity interest permitted to be held by Chinese investors was removed.
But foreign investors have been left waiting as the Measures for the Administration of Sino-foreign Equity and Cooperative Joint Venture Medical Institutions (中外合资、合作医疗机构管理办法) have yet to replicate what the Catalogue allows.
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