Can I finance the purchase of medical equipment without approval from the competent authority?

To be approved by the competent authorities.

In China, the purchase of medical equipment is regulated by the State Drug Administration, and according to the Regulations for the Supervision and Administration of Medical Devices, the purchase of medical equipment needs to comply with the relevant rules and regulations. Medical institutions are required to conduct feasibility assessment, budget approval and submit to the competent authorities for approval when purchasing medical equipment. Such a procedure ensures the quality and safety of medical equipment and the compliant operation of medical institutions.