Medtronic Partners with China Non-Public Medical Institutions Association and Zhuoyuan Huiyi Investment to Advance Innovation in China's Non-Public Healthcare Sector at the 6th CIIE

Medtronic Partners with China Non-public Medical Institutions Association and Joyful Horizon Medical Investment Co., Ltd. for Strategic Collaboration

ShanghaiNovember 7, 2023PR Newswire -- During the 6th China International Import Expo, the Non-public Medical Institutions Innovation and Development Forum, hosted by the China Non-public Medical Institutions Association and supported by Medtronic (Shanghai) Limited (hereinafter referred to as Medtronic), was successfully held on November 6 at Meeting Room M7-04, National Exhibition and Convention Center (Shanghai).

The conference specially invited multiple experts from the fields of innovative healthcare and non-public healthcare to gather and discuss the implementation and application of medical innovation technologies in China's non-public healthcare institutions. Topics included sustainable development, discipline construction, and technological innovation within non-public healthcare institutions. During the conference, guests from various sectors such as associations, institutions, and enterprises in the non-public healthcare field engaged in active exchanges and intellectual collisions. The event also witnessed the establishment of strategic cooperation between Medtronic and the China Non-public Medical Institutions Association, as well as between Medtronic and Joyfull Health Investment Co., Ltd.

Group Photo of On-site Guests

This conference invited Hao Deming, Standing Vice President and Secretary General, and Legal Representative of the China Non-public Medical Institutions Association, Wu Jinglei, President of the Shanghai Medical Association and Director of the Yangtze River Delta Representative Office of the China Non-public Medical Institutions Association, and Yu Wei, Vice President of Regional Growth Initiatives for Medtronic Greater China, to deliver opening remarks. The conference was hosted by Ding Jian, President of the Hospital Management Branch of the China Non-public Medical Institutions Association.

At the conference, Hao Deming, Standing Vice President and Secretary-General, and legal representative of the China Non-Public Medical Institutions Association, stated that in recent years, China's non-public medical sector has experienced vigorous development. As an important component of the healthcare system, non-public medical institutions play a crucial role in meeting the diverse healthcare needs of different populations and providing increased medical service supply to society as a whole. To comprehensively support the growth of the non-public healthcare industry, non-public medical institutions should collaborate closely with innovative medical device companies, focusing on the implementation and application of advanced medical technologies within China’s non-public healthcare institutions, thereby offering greater medical service availability to the entire society.

Wu Jinglei, President of the Shanghai Medical Association and Director of the Yangtze River Delta Representative Office of the China Non-Public Medical Institutions Association, proposed that non-public medical institutions, as a beneficial supplement to the public medical service system, can meet the diverse and differentiated health service needs of different populations. With the deepening of healthcare reform and the increasing marketization of healthcare, non-public medical institutions in China also have a favorable development environment, with opportunities in policy, capital, and technology all driving the rapid growth of non-public medical institutions.

Yu Wei, Vice President of Greater China Region Growth Initiatives at Medtronic, stated that since entering the Chinese market in 1989, Medtronic has been deeply focused on local needs, providing high-quality and affordable medical solutions to the Chinese market through innovative technologies and products. In terms of technology development and external collaboration, Medtronic will continue to keep pace with trends in the medical field, actively offering innovative technological concepts and therapies to the domestic non-public healthcare sector. At the same time, it will also promote the penetration of medical technologies and capacity building, supporting the rapid growth of professionals in China’s non-public healthcare institutions.

Based on the further exploration of the innovative development path in the non-public medical institutions field, the conference also invited Wang Shan, Deputy Secretary General of the China Non-public Medical Institutions Association; Shao Xu, National Sales Director of Non-public Healthcare and Orthopedics & Equipment Business under the Greater China Regional Growth Initiatives of Medtronic; Guo Qi Yong, Chairman of the Expert Committee for High-Quality Development of Socially-Run Medical Institutions, Director of the Radiology Professional Committee of the China Non-public Medical Institutions Association, and Honorary President of Liaoning Province Non-public Medical Institutions Association; Yan Chang Xiang, Chairman of the Neurosurgery Professional Committee of the China Non-public Medical Institutions Association and Vice President of Sino Sino Neurology Hospital of Capital Medical University; Luo Ke, General Manager of Joy Reach Medical Investment Co., Ltd. and Chairman of Chongqing Songshan Hospital, among other guests to gather at the event. They respectively delivered in-depth presentations on the interpretation of non-public healthcare policies, technology empowerment, and discipline development.

Meeting Venue

At this conference, Medtronic reached strategic cooperation agreements with the China Non-public Medical Institutions Association and ZHUOYUAN HUIYI Investment Co., Ltd., and held a strategic signing ceremony.

Medtronic and China Non-public Medical Institutions Association Strategic Signing Ceremony

Medtronic and Joyful Horizon Healthcare Investment Co., Ltd. Strategic Signing Ceremony

Medtronic's two major cooperation agreements, one with the China Non-public Medical Institutions Association and the other with Joyfull Investment Co., Ltd., will further promote Medtronic's cultivation and development in China's non-public healthcare local market. These partnerships will drive deeper collaboration and strategic planning between Medtronic and non-public medical organizations and institutions, as well as advance the implementation and application of global innovative services and product solutions within the non-public sector.

The subsequent two roundtable sessions were hosted by Ding Jian, President of the Hospital Management Branch of the China Non-public Medical Institutions Association, and Ma Rong, General Manager of the medical supply chain sector of Taikang Group. Participants included Mei Ju, President of Hefei High-tech Cardiovascular Hospital, Wang Lei, President of Shijiazhuang Great Wall Hospital, Shen Ye, President of Zhangjiagang Aoyang Hospital, and Gao Xinchun, Vice President of Shuyang Hospital, who discussed the theme "The Path to Innovation and Development for Non-public Medical Institutions." The discussion also featured Li Hanqin, Supply Chain Minister of Guangdong Heyu International Hospital, and Liang Jiasheng, Financial Director of Shanghai DeDa Hospital.Director of the Medical Materials Department, Hunan Wangwang HospitalAo Aoshuang Engages in Exchange on the Theme of "Exploration of Innovative Development Practices in the Medical Supply Chain," with a Lively Atmosphere at the Scene.

Through this conference, it will further promote the close collaboration between China's non-public medical organizations and institutions and innovative medical technology enterprises across the country, stimulating the vitality and dynamism of non-public medical institutions in the domestic medical market.

Regarding Medtronic's Regional Growth Initiatives:

As a global leading medical technology enterprise, Medtronic takes bold actions to actively address the severe health challenges faced by humanity. Upholding its corporate mission of "alleviating pain, restoring health, and extending life," more than 90,000 employees of Medtronic worldwide unite their efforts to provide patients with extraordinary life experiences through advanced medical technology.

In 2013, Medtronic established a Greater China Regional Growth Initiatives team dedicated to providing unique solutions for primary healthcare and non-public medical institutions. In 2014, the company formed a specialized team focused on serving the non-public healthcare sector, leveraging global innovative medical technologies and resource advantages to support the high-quality development of China’s non-public healthcare system, benefiting more local patients. Currently, this team has reached nearly a thousand non-public hospitals, covering over 70 key disease areas. Starting from the perspective of diseases, and centering on clients and patients, it comprehensively engages in collaborations with non-public medical institutions.

Building on advanced therapies and technologies, the team provides comprehensive and professional solutions based on the actual needs of hospitals, doctors, and patients. At the same time, in supporting the growth and development of healthcare professionals and promoting the upgrading of local medical service quality, two innovation centers in Shanghai and Chengdu offer world-class clinical training facilities and exchange platforms for professionals. These centers contribute to the growth of local medical professionals and enhance the broad accessibility of high-quality medical resources.