Ant Group has announced a strategic partnership with Peking University Third Hospital in Beijing to establish a joint AI healthcare innovation laboratory.
The collaboration aims to develop advanced artificial intelligence applications in healthcare, marking Ant Group’s deeper entry into the rapidly expanding medical technology space. This partnership highlights the accelerating adoption of AI across China’s healthcare sector, projected to grow from $1.59 billion in 2023 to $16.02 billion by 2028, at a CAGR of 42.5 percent. By the end of 2025, nearly 90 percent of Chinese hospitals are expected to integrate AI solutions. Early successes, such as Tsinghua University’s AI hospital model, which achieved 93 percent diagnostic accuracy across 21 specialties, are fueling momentum and validating AI’s potential in clinical practice.
Key Highlights
Unlike traditional tech companies entering healthcare, Ant Group benefits from its Alipay ecosystem, which already enables millions of users to access AI-driven symptom checkers, online consultations, and seamless healthcare transactions. This infrastructure gives Ant Group an edge in integrating new AI healthcare solutions directly into existing patient payment and service flows, creating a smoother adoption pathway.
Through its partnership with Peking University Third Hospital, Ant Group aims to co-develop clinical-grade AI applications, strengthening its role not only in digital payments but also in the delivery of next-generation healthcare solutions.
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The collaboration reflects how tech-healthcare convergence is becoming essential for both institutions and patients as China positions itself at the forefront of global healthcare AI innovation.
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