Boao Fullerton Hospital, the first wholly foreign‑owned hospital in Hainan, held its unveiling ceremony today in the Boao Lecheng International Medical Tourism Pilot Zone. The facility, established with investment from Singapore‑based Fullerton Health Group, marks a milestone as Hainan prepares to launch island‑wide special customs operations on December 18, 2025.
Hospital & Investment Details
Item
Details
Hospital Name
Boao Fullerton Hospital
Location
Boao Lecheng International Medical Tourism Pilot Zone, Hainan
Ownership Structure
Wholly foreign‑owned (Fullerton Health Group, Singapore)
Investment Backer
Fullerton Health Group
Significance
First wholly foreign‑owned hospital established in Hainan under expanded opening‑up policy
Operational Launch
December 2025 (aligned with Hainan Free Trade Port customs launch)
Policy Context & Timeline
Date
Milestone
November 2024
Chinese ministries jointly release Pilot Work Plan for Expanding Opening‑up in Wholly Foreign‑Owned Hospitals
December 17, 2025
Boao Fullerton Hospital unveiling ceremony
December 18, 2025
Hainan Free Trade Port island‑wide special customs operations officially launch
Geographic Scope
Entire island of Hainan included in pilot zones for foreign hospital establishment
Strategic Implications
For Hainan:First‑mover advantage in attracting foreign healthcare investment; strengthens medical tourism ecosystem in Lecheng Pilot Zone; positions Hainan as a testbed for healthcare policy innovation under Free Trade Port framework.
For Fullerton Health: Secures early‑entry position in China’s $900 billion healthcare market; leverages Singapore‑based expertise in hospital management; creates blueprint for regional expansion across Greater China.
For China’s Healthcare Policy: Demonstrates concrete implementation of foreign investment opening‑up; policy signal for other regions considering similar reforms; potential model for balancing quality care with regulatory oversight.
Market Context
Metric
Value
Context
China Healthcare Market
¥6.3 trillion (≈ US$880 B) (2025)
Growing 8‑10% annually
Medical Tourism Market
¥100 billion (≈ US$14 B)
Hainan Lecheng zone targets 2‑3 million medical tourists by 2030
Foreign Hospital Investment
$500 million‑1 billion estimated for Fullerton facility
Signals major capital influx into Hainan healthcare infrastructure
Policy Incentive
15% corporate tax rate for qualified healthcare institutions in Hainan FTP
Attracts foreign operators and medical device/pharma companies
Forward‑Looking Statements This brief contains forward‑looking statements regarding Boao Fullerton Hospital’s operational timeline, patient volumes, and Hainan’s medical tourism growth. Actual results may differ due to regulatory implementation, competitive responses, or policy adjustments.-Fineline Info & Tech
By Fineline Cube 