SOEs' hospitals on their own

More than 7,000 affiliates to be separated from giant owners by the end of this year

All hospitals affiliated to China's State-owned enterprises will be divested from their giant owners via sales to local governments, closure, resource integration or restructuring with social capital by the end of 2018, according to the nation's top regulator for State assets.

Because many SOEs are facing issues such as restoring their earning ability through high-value added products and casting off outdated production capacity, the government started to cut the affiliation of more than 7,000 hospitals to SOEs since 2002.