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Golden Meditech Pioneers into China's Hospital Market
Date:6/24/2008

s to expand the professional hospital management operations in areas of haematologies, tumor and pediatrics through its existing hospital network in a bid to become the largest professional hospital management group in China.

Background Information:

China's Hospital Services Market:

According to statistics, in 2007, China's healthcare services expenditures accounted for less than 5% of the country's GDP (gross domestic product), which is far behind 15% of USA during the same period. In addition, benefiting from the country's booming economy, increase in government healthcare spending to extend the coverage of basic social medical insurance, the improvement in general living standards, and people becoming more health- conscious and expecting higher healthcare services standards, all these factors are believed to lead China's healthcare services industry into golden era period.

However, at present, more than 90% of hospitals in China are state-owned nationwide, and less than 10% are owned by non-state-owned entities. This ratio of 10% is far lower compared with that of most Asian countries, whereas private hospitals account for almost 50% of the market shares. This means that China hospital market has a great market potential for future expansion.

Topshine China: Topshine Hospital Management (China) Company Limited is established by the management team of Daopei and it is the first foreign company allowed to provide nationwide hospital management services in China.

Daopei Hospitals: Headquartered in Beijing with a Shanghai branch, the Daopei hospitals have over 200 hospital beds in Beijing and Shanghai, and the largest number of laminar air-flow wards in Asia.

As a leading specialist hospital for diagnosis and treatment of blood- related diseases and malignant tumors, Daopei Hospitals are renowned to conduct sibling allogeneic cord blood stem cell transplantation, unrelated cord blood stem cell transplantation, umbilica
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SOURCE Golden Meditech Company Limited
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