USEUROPEAFRICAASIA 中文双语Français
Business
Home / Business / Industries

China's TCM industry grows 20%

Xinhua | Updated: 2017-11-24 09:10

BEIJING - The traditional Chinese medicine (TCM) industry in China grew by 20 percent in the past year, according to the State Administration of Traditional Chinese Medicine (SATCM).

The sector earned more than 860 billion yuan ($130 billion) last year, one third of the country's total medical industrial output, said Wang Guoqiang, head of the SATCM.

The Law on Traditional Chinese Medicine went into effect on July 1,to regulate and support the development of the industry.

With a history of more than 2,000 years, TCM has unique theories and practices in herbal medicine, acupuncture, massage and dietetics.

There are 482,000 TCM practitioners in China now.

Most Viewed in 24 Hours
BACK TO THE TOP
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China 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 0108263

Registration Number: 130349
FOLLOW US