Medical products manufacturer Vernacare has signed a five-year agreement with hospital management firm Sinophi Healthcare.
The memorandum of understanding (MoU), announced during Chancellor George Osborne’s week-long China trade visit, will see Sinophi deliver £10m in business for Vernacare between now and 2020.
The deal will see Vernacare’s products used in the Chinese company’s hospitals potentially slash infection risks.
Sinophi is a UK company, which invests in and owns hospitals in China.
Vernacare group marketing director Emma Sheldon said: "Sinophi Healthcare is a shining example of a forward-thinking business that is bringing to life the Chinese Government’s bold vision for a world-class healthcare system.
"The Vernacare system, and the significant benefits it has already achieved in helping to improve infection prevention for hospitals and patients worldwide, is a perfect fit for the vision Sinophi have for improving healthcare in China.
"Our partnership with Sinophi is the highlight of a very special trip to China in the presence of the Chancellor of the Exchequer, government ministers and leading British exporters."
Vernacare’s single-use system for preventing patient infections during toileting and washing is used by 96% of NHS hospitals, and healthcare facilities in 48 countries.
Osborne said: "I want the UK to forge much closer economic links with China and that means being ambitious enough to help to deliver record levels of investment and trade in both directions.
"That is why I travelled to China this week with a huge ministerial and business delegation, ensuring that the British companies with us had a fantastic opportunity to explore new markets and to make vital contacts.
"Our aim is to make China the UK’s second largest trading partner and British firms have a massive opportunity to benefit."