China's Health Sector Opens Up to Foreign Ownership Amid Economic Struggles

China announces the launch of a pilot project allowing wholly foreign-owned hospitals in nine areas to attract foreign investment. Meanwhile, India reports a suspected case of mpox from a traveler coming from a virus-affected country. The patient has been isolated and is stable, as per health ministry reports.


Devdiscourse News Desk | Updated: 09-09-2024 10:32 IST | Created: 09-09-2024 10:32 IST
China's Health Sector Opens Up to Foreign Ownership Amid Economic Struggles
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China has announced plans to permit the establishment of wholly foreign-owned hospitals in nine specific areas, including its capital. This initiative is aimed at drawing foreign investment to boost the country's struggling economy. The policy is part of a pilot project outlined by the ruling Communist Party's Central Committee, which made the pledge during its July plenum meeting.

In a different health-related development, India has reported a suspected case of mpox in a male traveler coming from a country experiencing an outbreak of the virus. The individual has been isolated and is currently stable, according to a statement from the health ministry.

These moves in the health sector highlight ongoing efforts by both countries to address pressing economic and public health challenges.

(With inputs from agencies.)

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