THE PROPOSED PROJECTS FOR INTERNATIONAL ECONOMIC
AND TECHNICAL COOPERATION IN NINGBO IN 2001

Ser. No: 052 Industry: Service Industry
March, 2001
Project Title
New Construction Project for Ningbo Traditional Chinese Medicine Hospital
Cooperation
Form
Cooperation

Project
Description

ProjectScheme,
Construction
Planning,
Marketing Analysis,
Business Scaleand
Estimated Sales
The scale of construction: covering a land area of 40,000 sq.m. with its construction of 30,000 sq.m., and accommodation of 450 beds.
The project is intended to build a modern traditional Chinese medicine hospital with the garden environment, full functions and obvious features, which can combine the medical treatment, scientific research, health recovery, education with health care. As a result, it will become the centre for the medical treatment by means of traditional Chinese medicine, scientific research and education, the health protection centre for the old, and the important windows for the medical exchange with other areas.
It is predicted that the annual business income would be 79.79 million yuan with the annual profit of 9 million yuan.

Equipment Tobe Importedand Rawmaterials to Be Supplied

Part of medical apparatus and instruments will be imported abroad.

Estimated Investment and Benefit Analysis

Total
Investment
USD
24 million
Registered
Capital
USD
9.6 million
Annual
Salesincome
RMB
79.79million
Investment Form of Foreign Partner
Annual
profit
RMB
9 million
Cash
Technology
Equipment
Brand
Others
Internal
Rateof
Recovery
10 percent
¡Ì
-
-
-
-
Recovery
Periodof
Investment
15 years

Present Status of Chinese Partner(Current Ownership, Total Assets and Fixedassets, Present Products and Sales, Present Equipment Andtechnology and Facilities, etc.)

Ningbo Traditional Chinese Medicine Hospital, a state-owned institute, covers an area of 13,896 sq.m. with the construction of 21.262 sq.m., and employs 335 doctors and staff members. Its fixed assets have totalled 32.52 million yuan. Its scope of business includes the medical treatment, health recovery, health care, and training for talents. Last year, its annual business income hit 60 million yuan with the profit of 10 million yuan.
Location Advantage
Located at the east of the city proper, the hospital offers a broad radius of service. It is easy for patients to go to the hospital.
Process of The Project
The site for hospital is now under coordination.
Document
Savailable
Project proposal
Chinese Partner to Contact
Ningbo Traditional Chinese Medicine Hospital
Person to
Contact
Jiang Huashan
Address
64, Xiaowen Street, Ningbo, Zhejiang, China
Post Code
315010
Telephone
0086 - 574 - 87242199
Fax
0086 - 574 - 87242750
E-mail
-
Website
-

Municipal Liaison Department: Ningbo Municipal Commission of Foreign Trade and Economic Cooperation
(Ningbo foreign Investment Development Board)
Address: 190 Lingqiao Road, Ningbo 315000, P.R.China
Telephone: 86-574-87327023(Information Liaison Dept.), 87315735(The First Sector Dept.), 87310671(The Second Sector Dept.)
Fax:86-574-87315992, 87327429
E-mail: xmb@ningbochina.com
Website: www.ningbochina.com