Wanda mulls push in healthcare sector

Billionaire Wang Jianlin's property-to-entertainment conglomerate is weighing a push into private healthcare in China, tapping into a rapidly growing multibillion-dollar industry in the country.

The chairman of Dalian Wanda Group Co is considering setting up a chain of hospitals, he said on Wednesday during a panel at the World Economic Forum in Davos, Switzerland.

The comments suggest Wang may dive deeper into healthcare than the partnership his company announced with International Hospitals Group last year, when Wanda said it would invest 15 billion yuan ($2.2 billion) to build three hospitals.