Back row, left to right: Ning Zhang, Director of Director of International Exchanges and Cooperation, Southern Medical University; Wenyuan Li, President of Nanfang Hospital; Yanhong Yu, President of Southern Medical University; Caifang Su, Deputy Director General of Guangdong Foreign Affairs Office; and Yali Wu, Section Chief of Guangdong Foreign Affairs Office. Front row, left to right: Richard Kozarek, MD; Michael Glenn, MD; and Homer Lane.
Benaroya Research Institute and Virginia Mason hosted a distinguished delegation from Guangdong Province on April 1st. The delegation was visiting following Governor Jay Inslee’s first visit to China last November, when he signed a MOU between Washington State and Guangdong Province. The agreement focuses on creating exchanges and cooperation in a variety of fields ranging from agriculture to clean energy.
President Yanhong Yu of Southern Medical University (3,600 medical students), President Wenyuan Li, MD, PhD, of Nanfang Hospital (2,225 beds; 10,000 outpatient visits/day), and directors from the Guangdong Foreign Affairs Office met with Benaroya and Virginia Mason executives to discuss possible areas of cooperation.
By 2020, China’s healthcare financing is set to triple, reaching $1 trillion annually. With government support, half of all Chinese hospitals are aggressively replacing their outdated medical equipment with high quality imports, and in 2013, Seattle start-up Kona Medical received a $10 million investment from Chinese venture capital firm Morningside Ventures. Guangdong is the richest province in China, and ranks as the 7th largest trading partner of the U.S., behind the UK and before South Korea. Guangdong is also home to Tencent, China’s largest and most popular Internet service portal, and BGI, one of the world’s leading genome sequencing centers.