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China – Hong Kong and Macao Investors May Establish Wholly-owned Hospitals throughout Mainland.

29 April, 2012

 

 

On March 21, 2012, the Ministry of Health and the Ministry of Commerce jointly issued the Notice on Expanding the Territorial Scope in the Mainland where Hong Kong and Macao Service Providers May Establish Wholly-owned Hospitals. The notice permits Hong Kong and Macao service providers to establish wholly-owned hospitals in all Mainland provincial capitals and municipalities directly under the central government starting from April 1, 2012. Application procedures must be carried out in accordance with the Interim Measures for the Administration of the Establishment of Wholly-owned Hospitals in the Mainland by Hong Kong and Macao Service Providers, issued in 2010.

 
The full Chinese text of the notice is available here.
 
 

For further information, please contact:

 

Elizabeth Cole, Partner, Orrick

 
Thomas Man, Partner, Orrick
 
Brad Herrold, Orrick
 
Veronica Lockyer, Orrick
 
Yan Zeng, Orrick

 

 

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