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
Shandong Provincial Hospital Project
In order to upgrade the medical equipment, enhance accuracy of clinical diagnosis and treatment, improve
the overall medical service as well as reduce the financial pressure, with the Department of Finance
and Department of Health of Shandong Province, Shandong Provincial Hospital applied for an Israeli
Government Loan to purchase medical equipment in 2007. In September 2008, an Israeli government loan of
USD 10,856,000 (equivalent to RMB 71,900,000 with a 10-year repayment period) was approved by MOF.
The loan is mainly utilized for the pr ocurement of 78 sets of equipment, including MRI, CT, DR, etc.
By March 2012, all the equipment purchased under the Project had been put into operation. The equipment
provides clearer pictures for clinical examinations as well as shortens examination time. The basic surgical
equipments such as the operating table, high-frequency electric knife, anesthesia device, etc. have increased
the utilization of operation room, shortened the patients’ waiting time and significantly improved the medical
service capacities of the Eastern Branch of Shandong Provincial Hospital. In the past three years, the number
of outpatients and operations of the Eastern Branch has increased substantially. The amount of outpatients
including emergency visits was 793,712 person-time in 2015 which marks an increase of 468,372 persontime compared with 2012; the number of surgeries was 22,845 in 2015 which marks an increase of 6,932
cases compared with 2012; the revenue in 2015 was RMB 1571.94 million which marks an increase of RMB
717.06 million compared with 2012. Therefore, the hospital has gained social and economic benefits from the
Israeli Government Loan Project.
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