VANCOUVER, BC, January 9, 2012 -Premier Diagnostic Health Services Inc. ("PDH") (CNSX: PDH) shares a Reuters article that is significant to the Company's China initiatives.

China unveils new list of FDI likes and dislikes

Reuters - BEIJING | 4:37 PM Dec 28, 2011 11:59pm EST

no longer wants foreign-funded automobile factories or polysilicon plants, but would welcome overseas investment in hospitals and financial leasing firms, according to updated inward investment guidelines published on Thursday.

The 29-page list -- published on the website of China's economic planning agency, the National Development and Reform Commission (www.ndrc.gov.cn) -- outlines sectors where foreign investments will be encouraged, restricted or completely banned.

The guidelines, effective from Jan. 30 2012, are the basis for a range of policies regarding foreign investments in China, from project approval to tax treatment and other items.

"The focus is to optimize the foreign investment structure, push forward technology innovation and industrial upgrading," the NDRC said in a statement.

Investments that bring new technology and know-how to China, as well as "green" businesses in areas like battery recycling, will be particularly welcome, NDRC added.

Foreign direct investment (FDI) inflows have been a key driver of China's economic growth in the last three decades.

China drew $103.8 billion in FDI in the first 11 months of 2011, up 13.2 percent from the same period in 2010.

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"The investment guide issued by the NDRC is a significant affirmation of the PDH initiatives in China" said Denis Tusar, President and CEO of PDH. "Shareholders and executives alike follow in the footsteps of Canadian Dr. Norman Bethune, a hero of the Chinese people, and will continue to build the rich legacy and close cooperation between China and Canada".

Please visit the company's website www.premierdiagnostics.ca, or you can contact us at 604-678-9115 for more information.

The Canadian National Stock Exchange has neither approved nor disapproved the contents of this press release.Except for historical information contained herein, this news release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially. More detailed information about potential factors that could affect financial results is included in the documents filed from time to time with the Canadian securities regulatory authorities by Premier. (Not for dissemination in the United States of America).

About Premier Diagnostic Health Services Inc. ("PDH")

Premier designs, builds, finances, and manages diagnostic clinics, such as PET-CT and MRI facilities in Canada and abroad.From our "Concept Centre" in Burnaby BC Canada, we offer partnerships in Joint Ventures to hospitals seeking enhancement of their existing diagnostic facilities and patient services.We model our activities on our PDH designed joint venture MRI clinic at the No. 3 Military Police Hospital in Beijing, PRC and our PET-CT cancer imaging clinic in our Burnaby head office.

For Further Information Contact:
Denis Tusar, President and CEO

Phone: (604) 678.9120 Ext.225
Fax: (604) 678.9278
E-mail: This e-mail address is being protected from spambots.

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