In the early 1990s, private and for-profit hospitals began to emerge in the healthcare market. After nearly three decades of development, private hospitals have become… An important force in the development of China’s health sector, Premier Li Keqiang of the State Council has also repeatedly emphasized, “In the new round of healthcare reform, it is essential to particularly…” Emphasize the role of the market, accelerate public hospital reform, gradually relax market access for private healthcare providers, and implement policies allowing physicians to practice at multiple sites. Accordingly, as healthcare reform continues to deepen, it is foreseeable that China’s private hospitals will enter a phase of rapid expansion. In terms of infrastructure, private hospitals… The investment in infrastructure and medical equipment will also enter a period of rapid growth, while private hospitals, in terms of their decision-making mechanisms, funding structures, and investment priorities, are increasingly… Favoring cost-effective national medical devices.

As of the end of March 2014, there were 13,388 public hospitals and 11,514 private hospitals nationwide; private hospitals owned by individuals from Putian accounted for approximately 80% of the total. More than 60,000 people are engaged year-round in the healthcare investment sector, supporting a workforce of 1.5 million. Private hospitals founded by natives of Putian have attracted total investments amounting to RMB 340 billion. Annual output value is approximately RMB 250 billion, with annual procurement exceeding RMB 100 billion.

From August 21 to 23, 2014, a delegation of private healthcare investors from the Putian‑affiliated medical sector in Fujian visited Deere for an inspection and fact-finding tour, with discussions focusing on nationwide… A comprehensive cooperation agreement has been reached to carry out full‑line product market expansion within the private healthcare sector. Deere will also capitalize on the robust growth of private medical institutions, Continuing to forge ahead in the field of clinical microbiology in China.