Dalian Wanda to invest USD10 bn in China healthcare hub

 10-Apr-17, ET Healthworld 

Dalian Wanda Group will invest RMB70 bn (USD10 bn) in a health park in China's southwest, as some of the country's biggest companies look to tap demand for private healthcare.

Image: ET Healthworld

Wanda, headed by China's richest man, Wang Jianlin, said it had signed an agreement with the Chengdu city government to create a 'park' with two international general hospitals, eight small specialized hospitals and 30 healthcare-related firms.

Wanda has been spending heavily on parks around China related to sports, leisure and health, to capitalise on growing middle class demand.

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