Wanda, US com­pany to build in­ter­na­tional hos­pi­tals

China Daily (Canada) - - NEWS CAPSULE -

Wanda Group, the Chi­nese prop­erty-to-en­ter­tain­ment con­glom­er­ate, signed a strate­gic part­ner­ship with the Univer­sity of Pitts­burgh Med­i­cal Cen­ter (UPMC) to jointly build in­ter­na­tional hos­pi­tals, as part of the com­pany’s deeper dive into the coun­try’s bur­geon­ing health­care sec­tor.

The hos­pi­tals, dubbed as Wanda UPMC In­ter­na­tional Hospi­tal, will join forces of med­i­cal skills, man­age­ment and ser­vices from UPMC, a med­i­cal group with more than 30 hos­pi­tals in the US.

Wanda, whose busi­ness cov­ers a wide range of in­dus­tries in­clud­ing real es­tate, sports and en­ter­tain­ment, re­vealed its am­bi­tion to en­ter the health­care sec­tor back in 2016. Its chair­man Wang Jian­lin also dis­closed last year that the com­pany will build a chain of hos­pi­tals in the fu­ture.(

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