Opportunities in Hainan’s Growing Healthcare Market

The Hainan government is offering a number of incentives to attract international collaborations in Hainan’s Growing Healthcare Market. A big focus  is on the Boao Lecheng International Medical Travel Pilot Zone, which is currently under development. With over 7 billion USD in total investment, the Hainan Government is seeking to attract international partnerships and collaborations to create a world-class Healthcare City. Key projects include the Yuanhe 301 Precision Medical Center, Enhance International Cell Therapy Medical Center, Ciming Oasis Rehabilitation Center for Chronic Diseases, Hainan New-Life Stem Cell Anti-Aging Beauty Center, Maritime Silk Road Stem Cell Medical Center, and Yinfeng Stem Cell International Medical Center and Chang Sheng International Medical Center. The government is focused on attracting leading organizations from abroad including tourism boards, international hospitals, specialty hospitals, wellness, hotels, biotech, R & D, digital health, finance, real estate development, insurance, and medical tourism to help develop the health and tourism sectors. The Hainan government is offering a number of incentives to attract international collaborations including:
  • Fast-track approval for new drugs, technology and medical devices
  • Extending up to three years the time foreign physicians are allowed to practice medicine in Hainan
  • Allowing 100% foreign direct investment and ownership in hospitals
  • Reduction of tariffs on certain medical devices and equipment
For more information contact us at business@tropicalhainan.com

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