The JD Group of Health only covers the entire health industry.
Promoting the legislation in Xiangjiang is also only to provide a good development environment for the health industry.
In terms of the consortium, the JD Group of Health is sufficient.
However, for Xia Yu's family, there is still a shortcoming.
That is the hospital!
Jiuding Healthcare Group does own a hospital, the Xiangjiang Spring and Autumn Hospital.
Although the hospital is owned by Jiuding Healthcare Group,
in Xia Yu's heart, the hospital belongs to his master Li Chunqiu, even though his master refuses to accept it.
Xia Yu has been investing in the hospital since its establishment, but he has never demanded a return, nor is he doing it to make money, but only to revitalise traditional Chinese medicine.
This hospital will never be sold.
For this reason, he also invested in the establishment of a Xiangjiang Traditional Chinese Medicine College to ensure the orderly transmission of traditional Chinese medicine.
For Xia Yu and his future family, one Chunqiu Hospital is not enough.
He also needs a top-notch Western medicine hospital!
And this hospital must be able to provide the best medical protection for the Xia family at any time and at top speed, while also being as safe as possible!
This prompted Xia Yu to follow the same path as other family conglomerates.
For example, the Rockefeller, Morgan, Mellon and DuPont families all have hospitals that they have invested in.
And the way they invest in hospitals is also quite special, as it is a charitable investment!
Xia Yu very much agrees with this approach.
He can make money in the pharmaceutical industry because the cost of pharmaceutical production is extremely high.
Just because there is a profit one year does not mean there will be a profit every year. It is possible that the money earned in a few years is not as much as the losses incurred in the following year due to research and development.
Therefore, the pharmaceutical industry needs long-term profits to balance past and future revenue.
Furthermore, the more profit the pharmaceutical industry makes, the more money it can spend on researching and developing new drugs in the future to treat more diseases.
Therefore, in Xia Yu's opinion, making money in the pharmaceutical industry is only natural, as long as you don't go too far!
The hospital industry, on the other hand, should not aim to make a profit. It is a public and livelihood industry!
The hospital industry is different from the pharmaceutical industry in that its costs are mainly hardware investment and management costs. As long as the level of medical care is continuously improved and the hospital becomes more well-known, revenue will naturally rise.
In terms of business risk, it is not even comparable to the pharmaceutical industry!
The hospital industry can make money, but the money should not all go into private pockets.
Private hospital operators can receive a portion of the remuneration, but more of the profits should be invested back into the hospital to improve the software and hardware, buy more advanced medical equipment, train and attract more medical talent, and improve the level of life-saving treatment.
Xia Yu is even more extreme. He doesn't want to earn a single penny in the hospital industry, but only wants to use this method to leave enough protection for the family while also accumulating good karma for his family.
Therefore, Xia Yu asked Fok Kin-ning to arrange for the establishment of a charity fund separate from the Jiuding Charity Fund – the Xia Family Charity Fund.
The Xia Family Charity Fund would then directly invest 1 billion Hong Kong dollars to build an international hospital in Hong Kong, called the Fook Tak Hospital, meaning that it is a hospital that accumulates blessings and virtues for oneself.
In the future, there will only be one Fook Tak Hospital in Hong Kong.
However, Xia Yu has different plans for the mainland.
He wants to set a benchmark for the mainland hospital industry in advance, and to protect the bottom line of private hospitals, so that unscrupulous private hospitals do not become too rampant.
The method is for the Kyushu Industrial Group to establish the Kyushu Medical Charity Fund, with the Kyushu Industrial Group donating a certain amount of money each year to the Kyushu Medical Charity Fund, and then using this money to operate the hospital industry.
The aim is to create a chain of hospital brands, all called Fook Tak Hospital, with a prefix to distinguish them from Hong Kong's Fook Tak Hospital.
The operating principle of Fook Tak Hospital is also not to aim for private profit, and there is also a rule that the profits of the hospital cannot be used for expansion. The operating profits of a single hospital are only used for the management and improvement of that hospital.
The source of funding for the expansion of Fook Tak Hospital can only come from the charitable funds donated by the Kyushu Industrial Group.
This model can ensure that the hospital does not go out of business while continuing to grow, and at the same time, the cost of medical treatment is reduced to a minimum, benefiting patients.
In the future, the more Kyushu Fude Hospitals there are, the stronger the conscience of the private hospital industry will be, and the less room there will be for unscrupulous hospitals to survive.
If this is done well, it will also add another talisman for the Kyushu Industrial Group in the mainland. As long as the management model remains the same, even after a hundred years, the Xia family's position in the mainland will remain more or less the same.
Of course, by then, there will be a large number of Jiu Zhou Fude hospitals, and the procurement of drugs and medical equipment will also be huge. Just selling medical drugs and equipment at the same price will be enough to give Jiuding Healthcare Group a solid base to support its competition with international medical giants.
As long as Jiu Zhou Fude Hospital does not collapse, even if Jiuding Healthcare Group weakens, there will always be a bottom line, and there will always be a chance for a comeback!
Xia Yu has assigned the family office to handle these two matters.
He, on the other hand, focused his energy on boosting the last of the six pillars, the tourism and entertainment industry.
The focus is on the tourism industry!
The tourism industry drives comprehensive consumption such as 'food, accommodation, transportation, travel, shopping, and entertainment', and has a very strong link to various industries.
Conversely, it is precisely because one of the aspects of 'food, accommodation, transportation, travel, shopping, and entertainment' is attractive enough to consumers that it motivates consumers to travel.
Therefore, the key to developing the tourism industry is to create things that attract consumers.
Among these, 'accommodation' and 'transportation' are the most basic supporting industries, and it is difficult for them to become the fundamental factors that arouse consumers' desire to travel.
Hong Kong does not have this kind of characteristic either. Therefore, more efforts should be focused on the four aspects of "food, travel, shopping and entertainment" to enhance them and add weight to the reasons for consumers to come to Hong Kong.
In terms of "food", Xia Yu believes that there is no need for him to promote it too much.
Hong Kong is a place where people from all races come together, and each race and ethnic group has its own unique food culture. As long as someone comes to Hong Kong, they will naturally bring their own food culture with them.
Therefore, Hong Kong's current food culture is very distinctive, and all that needs to be done is to do a good job of publicity, and it will be enough to promote Hong Kong's reputation as a 'gourmet paradise' worldwide.
As for the aspect of 'entertainment', Hong Kong does not have the kind of high-class gambling industry that Macau has, but it does have the Hong Kong Jockey Club. If we can promote Hong Kong horse racing as a world-class sport and attract more horse racing competitions to be held here, combined with the legalised gambling industry, the appeal will definitely not be lacking!
Then the only things that really require a lot of effort are 'sightseeing' and 'shopping'!