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Merck subsidiary in Bo’ao Lecheng Hainan, 1st multinational pharma subsidiary unlocking growth in China's healthcare sector

May 5th, the Boao Lecheng International Medical Tourism Administration announced awards up to 25 million yuan to attract medical talents

March 28th, Interim Measures for the Management and Use of Urgently Imported Drugs in the Boao Lecheng International Medical Tourism Pioneering Zone were approved

The State Council, China's Cabinet, temporarily adjusted Article 36 of the Regulations for Implementation of the Drug Administration Law of the People's Republic of China in Boao Lecheng International Medical Tourism Pilot Zone.

Hainan is the largest economic special zone in China, with unique advantages in implementing comprehensive reforms and the highest level of open-door policies

Hainan unveils comprehensive plan for reform & innovation, emphasizing openness, talent attraction, eco-conservation, & effective governance

Here is a breakdown and explanation of all the important policy documents regarding the construction of the Hainan Free Trade Port that have been successively issued since 2018

Proceeds from the bonds will be channelled into critical sectors such as healthcare, education, environmental monitoring and restoration, biodiversity protection, and marine conservation

This article provides a comprehensive guide on how to set up a company in Hainan Free Trade Port. The article covers all the necessary steps, from choosing the right business structure to obtaining the required licenses and permits.

Hailed as “natural medicine storehouse” and “capital of southern medicine,” Hainan boasts up to 3,080 different types of medicinal plants. As a base for the introduction and entreport of global animal and plant germplasm resources, Hainan encompasses significant categories of biomedical raw materials, with immense resources for the pharmaceutical sector

As of March 2021, there have been over 130 cases of “first import” of licensed drugs and equipment in Hainan, creating an open development climate for medical and health companies in China.

"The goal was to design a system, to set up one that lowers costs and is more efficient. The idea of it going global was really not part of the consideration," Zhou Xiao chuan, Vice-Chairman of the Board of the Bo’ao Forum for Asia (BFA)