Major projects signed at 2019 Guangxi Healthcare Industry Summit

(en.gxzf.gov.cn)

Updated: 2019-11-11

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The signing ceremony is held at the 2019 Guangxi Healthcare Industry Summit. [Photo/gxzf.gov.cn]

A number of provinces, cities, and enterprises directly under the central government signed cooperation agreements involving more than 30 major projects at the 2019 Guangxi Healthcare Industry Summit held on Nov 8-9, with an expected investment of more than 100 billion yuan ($14.32 billion).

The summit was sponsored by the Chinese Peasants and Workers Democratic Party, the National Administration of Traditional Chinese Medicine, and the People's Government of Guangxi Zhuang Autonomous Region.

The signed projects focus on building the health industry system, with a focus on healthcare for seniors and health tourism. The projects involve the fields of medical healthcare, healthcare culture, leisure tourism, industrial parks, and modern service industries, covering more than 30 cities and counties.

Among them, China Construction Bank will provide financial support of no less than 50 billion yuan through diversified financial products and services, supporting Guangxi's efforts in building a national healthcare service industry base and a healthcare resort. Yinfeng Biological Group will set up several institutions in Liuzhou, such as a cell biological resource storage center, as well as a biomedical technology and product research center, to establish a standardized cell tissue bank. Huawei will invest in Bama Yao autonomous county for its digital economy and 5G industries.

Guangxi Traditional Chinese Medicine Administration signed cooperation framework agreements with Jiangxi province and Guangdong province respectively to promote the cooperation of traditional Chinese medicine medical services, promote the education and training of Chinese medicine talents, as well as strengthen the cooperation and development of the traditional Chinese medicine industry.

In addition, Wedoctor, an online medical healthcare provider, will establish a digital platform in Guigang to connect medical institutions at all levels and develop the healthcare industry in the city.