Chinese financial group CEFC will invest EUR 10m into the new Traditional Chinese Medicine Clinic (TCM) in Hradec Králové. The facility is planned to be opened in Hradec Králové University Hospital within two years. The Shuguang hospital affiliated with Shanghai University of T.C.M. is the project’s partner. Czech Ministry of Health has signed a memorandum with People’s Republic of China’s National Health and Family Planning Commission on support for the TCM project.