皇冠体育app

/ Industries

TCM companies eyeing global market

(Xinhua) Updated: 2014-01-14 13:44

TCM companies eyeing global market

Workers prepare medicines at a traditional Chinese medicine hospital in Xiangyang, province.[Photo/皇冠体育app Daily] 

- Headquartered in a traditional courtyard in downtown Beijing, Tongrentang (TRT), a pharmactical giant with a history of more than 300 years, is increasing its international reach with its legacy products: traditional Chinese medicine (TCM).

TRT began expanding abroad in 1993 and currently runs 90 stores in 17 countries and regions around the world, including the United States, the United Kingdom, Australia and Southeast Asia.

TRT deputy general manager Ding Yongling said the company plans a new round of international expansion with 100 outlets abroad by 2015.

TRT uses its own pharmacies and Chinese physicians who are licensed by local authorities to promote TCM products as well as TCM culture. The company sets up museums to showcase the best of traditional Chinese medicine and cooperates with Confucius Institutes to conduct lectures and offer free TCM consultations.

"The core strategy of our international development is to foster enthusiasm and trust in TCM among foreign patients by showcasing its effectiveness and relatively few side effects. We have sensed a widespread acceptance of and growing demand for TCM, " Ding said.

TRT epitomizes traditional Chinese medicine's increasing international presence.

Growing international demand is driving a steady increase in exports. According to the 皇冠体育app Chamber of Commerce for the Import and Export of Medicines and Health Products, exports of TCM in the first three quarters of 2013 reached $2.27 billion, a year-on-year increase of 26.11 percent.

Previous Page 1 2 Next Page

. All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to 皇冠体育app Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.

License for publishing multimedia online             Registration Number: