Latest News:  


TCM demand grows globally

By Liu Jie and Wang Hongyi (China Daily)

13:15, February 20, 2013

Foreign drugmakers explore opportunities in traditional Chinese medicine as the remedies become popular in Western markets, report Liu Jie in Beijing and Wang Hongyi in Shanghai

Traditional Chinese medicine, or TCM, holds a unique place in Chinese healthcare, which is widely accepted by the 1.3 billion Chinese - old and young, urban and rural.

Nowadays, it's also growing in popularity in Western markets, where many want to pursue a more natural lifestyle.

International drugmakers are exploring ways, including joint ventures and co-development partnerships, to combine Western approaches to drug discovery with the material repertoire of TCM.

"No matter the model, we believe this bodes well for the industry in general, as it may help accelerate TCM standardization and modernization, as well as TCM acceptance in overseas markets," said Bruce Liu, partner and co-head of the Pharma & Healthcare practice at Roland Berger Strategy Consultants.

But that expansion effort faces challenges, he added.

【1】 【2】 【3】 【4】

We recommend:

New vehicles unveiled at Canadian Int'l Auto Show

Video: Facebook targeted by hackers

Sanya duty-free shops see surging sales

Juniper buries doubts on boom

3D printing reshapes manufacturing

Hongyanhe nuclear power station in NE China

Email|Print|Comments(Editor:HuangBeibei、Liang Jun)

Leave your comment0 comments

  1. Name


Selections for you

  1. Festive atmosphere created on missile speedboat

  2. New-type cold-proof equipment

  3. Highlights of Madrid Fashion Show

  4. China's weekly story (2013.2.8-2.15)

  5. Beauties at Beijing Film Academy enrollment site

  6. Fact check on Russian meteorite crash

  7. Happy big brother has birthday cake

  8. Chocolate fantasy park offers entertainment

  9. Facebook targeted by hackers

  10. Online money transfers soared

Most Popular


  1. CCTV's Spring Festival Gala: Glory days gone
  2. Who cares for the village doctors?
  3. The weakening yen's impact on China
  4. Young climbers aim too high in China
  5. China Focus: Festive traditions disrupt green efforts
  6. Chinese distrust strangers, lack shared values
  7. How to face wrestling's removal from Olympics?

What’s happening in China

Beauties at Beijing Film Academy enrollment site

  1. Parents urged to keep close eye on kids
  2. Divorce rate rises for seven straight years
  3. China to build earthquake warning system
  4. Gansu gets bigger role on cultural map
  5. Returnees discover fulfillment