Wednesday, February 9, 2011

Approval of joint venture medical institutions placed under the authority of the provincial level

 Ministry of Health website on February 9 news, the Ministry of Health has issued a notice that the joint venture and cooperative medical institutions under the approval authority to the provincial level. Prior to the establishment of a foreign medical institutions, the Ministry of Health for a permit.

the Ministry of Health issued a provincial health administrative department for approval; set of people to set joint venture or cooperative medical institutions, medical institutions can organize for profit, you can also hold non-profit medical institutions.

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Notice also demanded that the Ministry of Health and has been Ministry of Commerce approved the establishment of joint ventures, cooperative medical institutions to change settings, legal representative, address, total investment, the scale of medical subjects and joint ventures, cooperation period or preparation period shall be subject to medical institutions, the municipal districts where health administration department first instance, the provincial health administrative departments for approval.

notice that the joint venture and cooperative medical institutions to set, change and termination, the provincial health administrative department for approval, the applicant shall, in accordance with relevant laws and regulations to the appropriate department in charge of business applications.

2010 �� 12 months, the State Council issued a document Deal allows foreign capital invested medical institutions. At the same time, simplify and standardize the approval procedures for foreign investors to do medicine, joint venture and cooperative medical institutions to establish approval authority delegated to the provincial level.

58 numbers also clear that the medical institutions to further expand opening up, foreign capital will be held in medical institutions to adjust the permitted projects with foreign investment. Allow foreign medical institutions, enterprises and other economic organizations in our country and our medical institutions, enterprises and other economic organizations established in the form of joint venture or cooperative medical institutions, the phasing out of foreign equity capital ratio of 70% limit.

In addition, qualified foreign capital in our country to pilot the establishment of wholly-owned medical institutions, and gradually let go. Held outside the capital can profit medical institutions, can also hold non-profit medical institutions. Encourage foreign capital in central and western regions of China held in medical institutions.

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