Exports up as Chinese companies grow stronger

China exported more medical and healthcare products in terms of both value and volume last year, and industry insiders said the growth was due to the country's supply-side reform that has improved Chinese medical and healthcare products' standing in the international market.

Total exports increased 5.96 percent year-on-year to $64.42 billion, according to a recent report by the China Chamber of Commerce for Import and Export of Medicine and Health Products.

Exports of traditional Chinese medicine products were worth $3.91 billion, a year-on-year increase of 7.39 percent, thanks to an average price growth of 16.69 percent year-on-year.