The ceremonial signing of the contract took place in presence of key representatives of the client, i.e. PKU Healthcare Industry Group, of the KfW Office Beijing as well as the German Embassy. The goods to be supplied under this contract is latest-state-of-the-art medical equipment, in particular radiology equipment, a hybrid operating theater incl. an intraoperative MRI as well as radiotherapy equipment, to the Peking University International Hospital. The project is financed through a so-called promotional loan by KfW. It is a newly built hospital which will be put into operation in several phases until end of 2015 having then finally 1800 beds in total. The hospital will offer first class medical care for 1.7 million people in the immediate catchment area and more than 3 million people in the extended catchment area. The key medical disciplines include cardiovascular diseases, oncology and hematology, ophthalmology, gynaecology and pediatrics, neurology, urology and nephrology. hospitalia international will supply a considerable part of the medical equipment under this contract. The first phase is envisaged to start operations in December 2014.