Medical investment is just what the doctor ordered

BEIJING - Investment in private hospitals has recently become increasingly popular among venture capital (VC) and private equity (PE) firms as a result of policy incentives and the huge potential in China.

Chen Shiyou, managing director and head of private equity at China International Capital Corporation Limited (CICC), told China Daily that the company has invested in two private hospitals, one of which has attracted several hundred million dollars in investment, while the other has garnered tens of millions of yuan.

"We pay particular attention to the health sector, including private hospitals, because it is increasingly supported by the government," Chen said.