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IHG joins China’s Leading Healthcare Confederation

12 May 2015

On 12th May IHG became the first international company to be invited to join China's premier medical alliance of China's top businesses involved in healthcare

At a ceremony held on Tuesday 12th May at the Shanghai Jiao Tong University attended by 200 VIP guests, press and representatives from Healthcare UK and the British Embassy, IHG became the first international company to be invited to join China's premier medical alliance of China’s top businesses involved in healthcare.

SAMHIC (Strategic Alliance of Medical and Health in China) was formally established in Beijing on November 4, 2013, to consolidate the strengths in the healthcare sector of several of China’s top private sector companies.

Taking advantage of Government policy designed to expand and reform the whole healthcare sector, fifteen entrepreneurs, led by four of China’s most prestigious entrepreneurs: Liu Yonghao of the New Hope Group, Feng Lun of Vantone, Chen Dongsheng of Taikang Life and Weng Guoliang of Vanhal all agreed to pool their medical technology and expertise, capital and real estate resources.

By integrating resources, coordinating cooperation between enterprises, and conducting active dialogue with government departments, the Alliance has since co-invested in training, new technology and funds for significant projects.

In March this year Chinese Prime Minister, Li Keqiang, at a meeting with SAMHIC Chairman Liu Yonghao, acknowledged the importance of the role that the Alliance is playing to raise the quality and standards of China’s health industry as a whole, and pledged his full support.

For IHG this is a recognition by the Chinese healthcare sector of the British Group’s experience and ability to bring the best of NHS and international standards into a Chinese environment, and by doing so to assist reform.