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How Far Can the Chinese Medicinal Herb Industry Go Riding the Tailwind of the Nobel Prize?
On the evening of December 7, 2015, Tu Youyou, a lifetime researcher at the China Academy of Chinese Medical Sciences who won the Nobel Prize, delivered a speech in Chinese titled "Artemisinin -- A Gift from Traditional Chinese Medicine to the World" at the Nobel Hall of Karolinska Institutet in Sweden. On the 10th, she also attended
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Management of traditional Chinese medicinal materials will be further strengthened; eight departments jointly issued a notice a few days ago
CNR News, Beijing, October 17 (Reporter Shen Jingwen) According to a report by China National Radio's "News and Newspaper Summary," eight departments including the State Food and Drug Administration, the Ministry of Industry and Information Technology, and the Ministry of Agriculture recently jointly issued a notice to further strengthen the management of traditional Chinese medicinal materials. Foo
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Chinese medicinal herb cultivation is still family-based and needs to develop at scale
In the recommendations of the 13th Five-Year Plan released on November 3, 2015, in the pharmaceutical sector, emphasis was placed on promoting traditional Chinese medicine and ethnic medicine. Data released by the Ministry of Industry and Information Technology show that in the first half of this year, the main business revenue of pharmaceutical industrial enterprises above designated size increased by 8.91% year on year, while traditional Chinese medicine enterprises
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China's first standard for traditional Chinese medicinal materials e-commerce is about to be put into use
At the recent Traditional Chinese Medicinal Materials Planting Base Alliance Conference, it was learned that China's first e-commerce standard for traditional Chinese medicinal materials will be fully put into use within the year. From now on, consumers purchasing traditional Chinese medicinal materials through e-commerce platforms will no longer need to worry about quality issues. As demand increases,
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In the first half of 2015, China's exports of Chinese medicinal materials fell 7.5% year on year
From January to June 2015, China's exports of Chinese medicinal materials and prepared slices of Chinese crude drugs amounted to 550 million USD, down 7.5% year on year. Export volume was 94,000 tons, up 3.27% year on year, and the average export price was 5.8 USD/kg, down 10.4% year on year. The decline in export prices was the main reason for the slowdown in the growth of Chinese medicinal materials and prepared slices.
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Chinese medicinal materials go global, multiple parties join forces to boost exports
Not long ago, the National Development and Reform Commission, the Ministry of Foreign Affairs and the Ministry of Commerce jointly issued the "Vision and Actions on Jointly Building the Silk Road Economic Belt and the 21st-Century Maritime Silk Road" (abbreviated as "Vision and Actions"). In the implementation of the "Vision and Actions", Chinese medicinal materials will usher in unprecedented development opportunities.
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Chinese medicinal herb prices have remained stubbornly high for 4 consecutive years
In recent days, a reporter from Changjiang Times visited medicinal herb trading markets, where herb merchants lamented one after another that due to overall price fluctuations, the herb business has been difficult everywhere across the country this year. Will Chinese medicinal herb prices return to reason from their high levels? What trends will emerge in the future? Herb merchants lament that business
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China officially adopts electronic trading standards for Chinese medicinal herb products
It was learned from the expert demonstration meeting on the specification standards for electronic trading of Chinese medicinal herb products held in Chengdu that, after review and deliberation by experts from the Ministry of Agriculture, the China Association of Traditional Chinese Medicine, the China Traditional Chinese Medicine Logistics Expert Committee and other industry experts, China's first "Chinese medicinal herb e-commerce standard" was unanimously approved.
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Export Volume of Chinese Medicinal Materials and Decoction Pieces Declined in the First Half of 2015
According to statistics from the Traditional Chinese Medicine Department of the China Chamber of Commerce for Import and Export of Medicines and Health Products, in the first half of 2015, China's export value of Chinese medicinal materials and decoction pieces was 550 million USD, down 7.50% year on year. This was mainly reflected in a 10.43% year-on-year decline in the average export price. This was the first decline in export value since the major bull market of 2010.
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The circulation traceability system for Chinese medicinal materials will be improved, helping to solve circulation challenges
From origin to consumption terminal, Chinese medicinal materials mainly involve several stages: cultivation, circulation, production and use, and the circulation stage (specialized markets and origins) directly affects issues related to the quality and management of medicinal materials; because its chain is relatively long, the participants are relatively
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