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15 July 2015

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Hunan Sees over 170% Growth in Traditional Chinese Medicine Export in First 4 Months

2020-05-22 Download Print Comment
The afficacy of traditional Chinese medicine has been fully proved amid the epidemic, which results in a sharp rise of its export. According to the customs statistics, Hunan has exported 6,817 tons of traditional Chinese medicinal materials and Chinese patent medicine between January and April this year, a year-on-year increase of 70.8%. The export value reached 310 million yuan, an increase of 45.1%.

The customs data shows a significant growth in March and April. The export volume of Chinese medical materials and patent medicine was 2,229.3 tons in March and 1,789.1 tons in April, up 97.9% and 38.3% year on year respectively. The export value amounted to 99.666 million yuan in March and 81.809 million yuan in April, rising by 68.8% and 27% over last year.

Driven by government supports, the traditional Chinese medicinal materials industry has developed rapidly in recent years. Hunan has seen a steady growth in traditional Chinese medicinal materials export. It exported 11,000 tons in 2018 and 15,000 tons in 2019, a year-on-year growth of 36.8% and 43.7% respectively.

As the epidemic situation turns stable in China, traditional Chinese medicine has been attached great attention. Yinhuang Qingfei Capsule of Hunan Anbang Pharmaceutical, has played a significant role in fighting against the epidemic. The company donated the medicine to various countries and regions including Pakistan, Iran, Afghanistan, the Netherlands, Italy, U.S.A, and Dubai. 

This article is from Hunan Provincial Government www.enghunan.gov.cn.  

Translator: Wang Xiaolu 

Chinese source: www.hunan.gov.cn