Yiwu Fuyuan Private Hospital was solely founded by Mr. Wang Fuyuan. In 1989, he resigned from the position of director of the National Institute of Health, which he had served for many years, with the concept of "running a hospital for the people and serving the society." Since 1990, he has successively founded "Yiwu Qiandian Village Hospital" and "Yiwu Qiandian Village Hospital". "Care and Nursing Hospital" (now Heyetang Campus); in 1996, it invested more than 28 million yuan to establish Yiwu Fuyuan Private Hospital (now Hongdi Road Campus) in Yiwu Economic Development Zone, Zhejiang; in 2011, it was rated by the Zhejiang Provincial Department of Health It is a second-class general hospital; in October 2012, the new hospital area with a construction area of ??56,000 square meters and 21 floors above the main building was put into use.

The hospital is constructed and managed as a third-level general hospital. It currently has more than 760 employees, 600 open beds, 15 first-level clinical departments such as internal medicine, surgery, gynecology, and pediatrics, and 19 second-level clinical specialties. It has three campuses and 20 wards. Gastroenterology, orthopedics (hand surgery), minimally invasive surgery, neurology, geriatrics, etc. are the key specialties of the hospital. Equipped with high-end medical equipment such as 1 64-row 128-slice CT from Germany's Siemens, 2 16-row CTs, 1 double-row CT, and 1 1.5T NMR, it provides services to Zhejiang Hospital, Zhejiang Provincial Cancer Hospital, Zhejiang Medical First Hospital, and Zhejiang Medical University. The Technical Collaborating Hospital of the Second Medical Hospital and the Teaching Hospital of Anhui Medical University.

For more than 20 years, the hospital has a clear philosophy, standardized hospital management, and steady development. It is now a designated hospital for Yiwu City’s “Urban Employee Medical Insurance”, “Urban and Rural Residents Medical Insurance”, “Work-related Injury Insurance”, “Traffic Accident First Aid”, “Green Life Card Insurance”, etc. It is also a standardized clinical training base for resident doctors in Zhejiang Province. In 2003, the hospital was hailed as "a model of successful private hospital" by the Provincial Committee of the Chinese People's Political Consultative Conference inspection team. In 2007, it was rated as a "National Integrity Private Hospital"; in 2008, it was rated as an advanced collective for earthquake relief in Yiwu City's health system. President Wang Fuyuan was rated He is the "National Advanced Individual in Earthquake Relief Medicine and Health"; in 2010, he was named "The National Advanced Unit for Hospital Culture Construction"; in 2011, he won the "Zhejiang Provincial Red Cross Fraternity Merit Award" and was awarded the "2011 Hospital Reform and Innovation" by the Medical Management Department of the Ministry of Health. Award"; in 2012, it was rated as "Jinhua City Civilized Unit", and the hospital branch committee was upgraded to the General Branch Committee of Yiwu Fuyuan Private Hospital of China ***. In November, it was appointed as the "Vice Chairman Unit of China Private Hospital Development Alliance".