PROCUREMENT NEWS

United Kingdom : Multimillion boost to UK economy as healthcare trade deals with China sealed

Published 04 Dec 2013

Prime Minister and Health Secretary mark new era of UK/Chinese healthcare co-operation.

The British economy is set to be boosted by more than L120 million thanks to a package of UK/Chinese healthcare deals, Prime Minister David Cameron announced today.

The Prime Minister and Health Secretary, Jeremy Hunt witnessed the final agreements being sealed in China, during the Prime Minister's three day visit to the country.

The deals include:
Sinophi Healthcare signed contracts for hospital management and hospital investment worth L120 million. These include a joint venture with Huai'an First People's Hospital, one of the biggest hospitals in Jiangsu Province (population 80 million people) in East China, and an agreement to build a 1,000 bed oncology hospital;

Heythorp Healthcare signed a Memorandum of Understanding with Jiangsu Far East (Yadong). This is for a joint venture to develop a flagship, mixed use healthcare facility which will include elderly nursing, specialist dementia services and care training outside Jiangsu;

Healthcare UK signed a Memorandum of Understanding with the CITIC Trust and Circle Partnership to unlock commercial deals for UK companies in areas such as primary care services, integrated care and education and training.

IXICO signed a Memorandum of Understanding with the Beijing Union Medical and Pharmaceutical General Corporation. They will work together to support dementia diagnosis, advance public understanding of dementia and evaluate new treatments.

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