A detailed plan for the construction of Peking University International Hospital has recently been formally approved by the Beijing municipal government, and construction is expected to start next spring.
The hospital, with an investment of 2.8 billion yuan from the Peking University and undertaken by the university's Investment Management Co. Ltd., will be built in the Life Science Park of Zhongguancun Area with a construction area of 210,000 square meters. It includes a comprehensive hospital, six specialty hospitals, a health check-up center, and a total of 2,400 beds. The project will be developed in several phases, with the first phase construction totaling 150,000 square meters and 1.8 billion yuan of investment. The comprehensive hospital is expected to start operation in early 2007.
The project is aimed at realizing a resource superiority reorganization and forming a modernized medical service window for Beijing by using the university's existing high level medical, teaching, scientific and research resources. It will also fully bring forth new ideas in management and service modes by taking the lead in realizing internationalization standards and medical and health care system reforms.
The hospital eventually will be geared to the needs of the university's teachers, students and workers, foreigners, high-earners and Olympic participants by providing high quality medical service. It will further improve medical facility structures and promote the medical service level and guarantee its capabilities.
The hospital will develop towards a share-holding system. When the time is ripe, it will adopt a comparatively open shareholding structure with money raised through financing from international investors and welfare organizations. In the building of its medical team, the hospital will also take an internationalized road by employing foreign doctors.
(China.org.cn translated by Li Jingrong, June 25, 2003)
