Health Care Industry Investment Fund

China Health Care Industry Investment Fund (CHIIF) is a state-level industrial investment fund focused on the healthcare and life sciences sectors in China. Established with the approval of the National Development and Reform Commission (NDRC), the fund invests across the entire healthcare value chain, including pharmaceuticals, medical devices, healthcare services, and biotechnology. CHIIF aims to promote the industrialization of medical research and the consolidation of the Chinese healthcare market through strategic equity investments. The fund typically targets growth-stage and late-stage companies that demonstrate significant technological innovation or market leadership within the Chinese domestic market.