Chinanews, Beijing, March 23 - The Ministry of Finance, the Ministry of Health and the International Finance Corporation jointly initiated the Forum of Public-Private Cooperation in the Health Sector of China on March 21. At the forum, Wang Jun, Vice-Minister of Finance said that the Chinese government would release a series of new policies to encourage public investment on the health sector, including tax preferences. It is believed that the new policies will improve efficiency and justice of the health sector, to meet the booming demand of the general public.

 

"The development of medical and health undertakings has been the focus of the Chinese government, and great achievement has been made is this sphere since the reform and opening-up. Now there are many world-class medical institutions in China, both in the aspects of equipment and service. In fact, government funding on the health sector has been the fastest-growing of its kind in the past few years," said Wang.

 

"Now it's time to pool social resources to enhance our medical services, as private businesses have been developing very fast. Besides, only government effort won't be enough to meet the needs of the people. What we should do is to offer as many preferential policies as possible to encourage public investment on the health sector, " said Wang.