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In the News: China Opens up Medical Sector; Impacts of First International AI Agreement on China; and China Tightens Rules for Foreign Accounting Bodies
September 11, 2024 | BY
clee &Brian ChanChina allows fully foreign-owned hospitals and foreign investment in gene technologies; China is assessing the compatibility of the international AI agreement with its own strategic plans; and China's Ministry of Finance strengthens its regulation of foreign accounting organizations, particularly for those that do not have offices in China
Promulgated: 2024-09-08
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China to Trial Fully Foreign-Owned Hospitals in Nine Areas
China's Ministry of Commerce will implement a pilot project allowing foreign firms to fully own hospitals in nine cities and provinces as the country tries to woo back foreign investment, Reuters reports.
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