Recently, the Changzhou Health Care Fund has completed fund raising with the total amount of 303 million yuan.

The Health Care Fund is co-funded by Changzhou Industrial Investment Group Co., Ltd. and West Taihu China-Israel Investment Management Co., Ltd. with 50 million yuan, and is set up jointly by Changzhou and the agencies like Ping An Ventures.

Currently, Changzhou has established an industrial system focusing on modern medical equipment manufacturing, with a good industrial foundation and a strong capacity of supporting services. It is learned that the Health Care Fund will focus on four industrial sectors: mobile health care, health care services, wearable devices, and medical equipment.

The Fund also pays attention to high-tech medical progarms between China and Israel, in order to promote the localization of advanced technology and products overseas.

The Fund is managed by Changzhou Pingsheng Equity Investment Fund Partnership, with the operating period of 7 years.