International Trade Today is a Warren News publication.

Xinhuanet Says Exports of Chinese Medicine Hit $1.46 Billion

Xinhuanet.com reported on August 7, 2010, that exports of traditional Chinese medicine (TCM) in the global market were valued at 1.46 billion U.S. dollars, according to Wang Guoqiang, director of the State Administration of TCM. Wang, also vice minister of…

Sign up for a free preview to unlock the rest of this article

If your job depends on informed compliance, you need International Trade Today. Delivered every business day and available any time online, only International Trade Today helps you stay current on the increasingly complex international trade regulatory environment.

the health ministry, said the number of countries and regions which recognize the advantages and special features of TCM in treating modern diseases were on the rise and many countries were seeking cooperation with China on TCM.Traditional Chinese medicines are mostly mixtures of a number of ingredients or medical plants such as herbs, which makes them much more difficult to explain and analyze in a quantitative sense than western drugs.