Perennial Holdings opens first wholly foreign-owned private hospital in Tianjin, China
Perennial Holdings has launched Perennial General Hospital in Tianjin, making it China’s first wholly foreign-owned private tertiary general hospital. The hospital received approval from the city’s Municipal Health Commission after passing a rigorous inspection and obtaining its Medical Institution Practice Licence. This development follows China’s recent policy change allowing fully foreign-owned hospitals to operate in cities like Beijing and Tianjin.
The 500-bed hospital, developed with a RMB1 billion investment, will offer a wide range of medical services, including orthopedics, ophthalmology, cardiology, and oncology. It also features an International Clinic focused on personalized care, health maintenance, and chronic disease management.
Located in the Perennial Tianjin South High-Speed Railway (HSR) International Healthcare and Business City (PIHBC Tianjin), the hospital is part of a broader healthcare and business ecosystem. The facility utilizes an asset-light co-medical space concept, where doctors and medical groups can focus on patient care while accessing shared medical facilities such as advanced operating theatres and diagnostic equipment. This approach, modeled after Singapore’s healthcare system, offers a cost-effective solution for medical professionals to expand their practices without the need for significant capital investment in medical infrastructure.
Perennial General Hospital Tianjin is part of a larger network within PIHBC Tianjin, which includes the Perennial Rehabilitation Hospital Tianjin, Eber Perennial Brain Hospital Tianjin, and Perennial Nursing Hospital Tianjin. Together, these facilities will provide over 1,300 beds, supporting the healthcare needs of the local community and the broader Beijing-Tianjin-Hebei region.
Pua Seck Guan, Executive Chairman and CEO of Perennial Holdings noted that the new hospital will help boost Tianjin’s medical tourism industry and improve the quality of private medical care in the country. Perennial Holdings plans to expand its healthcare presence, with over 3,000 additional beds planned for future developments in Kunming, Xi’an, and Guangzhou.
The company also commended China’s open-door foreign investment policy in healthcare, which has fostered international collaborations and attracted foreign expertise. This policy continues to enhance investor confidence and drive the growth of China’s healthcare sector.
Category: Features
Subscribe
If you enjoyed this article, subscribe to receive more just like it.
