Increasing pressure on foreign imports of Chinese herbal medicines

The price of Chinese herbal medicines imported from Japan has risen 60% in the four years from 2006 to 2010, according to a survey released by the Chinese Herbal Medicine Association of Japan One of the reasons for the price rise is that in recent years, China's domestic economic growth, the improvement of living standards, the Chinese people began to pay attention to health preservation, the domestic consumption of traditional Chinese medicine increased sharply, and the Chinese government restricted the export of traditional Chinese medicine in order to prevent illegal over picking of traditional Chinese medicine Guo Fanli, a researcher in the pharmaceutical industry of CIC, pointed out that the sharp rise in the price of traditional Chinese medicine originated from the disastrous weather in the second half of 2009 Later, affected by the catastrophic disaster, the output of the main Chinese medicine producing areas in China decreased significantly, which made the shortage of traditional Chinese medicine worse At the same time, with people's attention to their own health care, the demand for traditional Chinese medicine continued to rise On the other hand, the hot money speculation has also promoted the rapid rise of the price of traditional Chinese medicine Guo Fanli pointed out that the export market of traditional Chinese medicine in China is mainly concentrated in the Asia Pacific region, and Japan, Hong Kong, Malaysia and other countries are the main export markets, especially Japan, whose medical insurance includes Chinese medicine Due to Japan's worship of traditional Chinese medicine, Japan has always been a big importer and user of traditional Chinese medicine in China Now the price of imported Chinese herbal medicine in Japan has increased by 60% in the four years from 2006 to 2010, which also brings great pressure to Japan On the other hand, the developed countries abroad have great interest in the plant extracts in Chinese herbal medicine industry Because foreign developed countries pay attention to green and natural drugs, plant extracts have been the main force of imported Chinese medicine At present, the export of plant extracts accounts for nearly half of the export of traditional Chinese medicine, which is the main driving force to promote the export of traditional Chinese medicine Under the influence of many factors, the price of plant extracts in China has increased significantly, which has also hit the countries with large demand for plant extracts Guo Fanli said that the export market of Chinese herbal medicines to Europe and America is relatively small, even though these markets are facing the problem of rising prices of Chinese herbal medicines With the influence of policy support, increasing demand and other factors, the price of traditional Chinese medicine will maintain a long-term stable growth in the future, which will cause a lot of pressure on the major countries importing traditional Chinese medicine.