Financial protocol book | Page 41

Cooperation and Development—Celebration of the 20th Anniversary of the Government Loan Cooperation between the People’s Republic of China and the State of Israel Yingkou City Sixth People's Hospital Project of Liaoning Province In order to solve problems such as of outdated medical equipment, increasing equipment failure rate and such,Yingkou Sixth People's Hospital applied for the Israeli government loan in order to purchase new medical equipment. The project was approved by MOF in July 2013 with a total estimated investment of RMB 167.24 million, among which, USD 26 million (RMB 163.8 million in equivalent) is financed by the Israeli government loan and the rest RMB 2.75 million is financed by the domestic counterpart funds. The hospital plans to purchase 177 sets of medical equipment covering 96 items, including 256 Slices Spiral CT,DSA, Ultrasound,Accelerators and etc. The implementation of the project which is in line with the development policy of the National Health Service and the requirements of the medical and health system reform, has effectively improved the health condition and medical technology in the area of Yingkou City. Moreover,with the significant progress of medical technology, Yingkou Sixth People's Hospital has improved the ability of diagnosis and treatment for severe diseases, reduced the financial burden of patients, accelerated the development of the local social services, upgraded the living conditions of the local people, and contributed to building a harmonious society. 35