Shanghai permits wholly foreign-owned hospitals; Shanghai sets record with 238.3 billion yuan investment in major projects
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- Shanghai allows establishment of wholly foreign-owned hospitals: Shanghai has initiated a plan to permit the establishment of wholly foreign-owned hospitals in key economic zones and areas with a high concentration of expatriates. This makes Shanghai the first city in China to allow such hospitals, aiming to attract investment and boost foreign investor confidence to revitalize the stagnant economy.
- Shanghai's investment in major projects reaches a record high: In 2024, Shanghai completed an investment of 238.3 billion yuan in major projects, setting a new historical record for the city.
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