Vigorously developing the traditional Chinese medicine industry has become a long-term plan for various regions

With the continuous development of China's economy and society and the increasing demand for traditional Chinese medicine services, the traditional Chinese medicine market is developing rapidly
.
According to data, from 2016 to 2020, China's traditional Chinese medicine manufacturing market has increased from 63.
7 billion yuan to 73.
7 billion yuan, with an average annual compound growth rate of 3.
7%
.
Analysts said that the market size of China's traditional Chinese medicine industry can continue to grow rapidly, in addition to being affected by the improvement of people's living standards and the continuous increase in demand, it is mainly due to the support and guidance of domestic favorable policies and the response from various places
.
It is understood that in recent years, the state and local governments have been continuously introducing favorable policies to support the innovative development of the traditional Chinese medicine industry
.
It is worth noting that, from an overall perspective, the development of the traditional Chinese medicine industry has obviously become a long-term plan for the country and even all regions
.
For example, recently, the Hainan Provincial Health Commission and the Provincial Development and Reform Commission jointly issued the "14th Five-Year Plan for the Development of Traditional Chinese Medicine in Hainan Province" (hereinafter referred to as the "Plan"), which proposed to improve the traditional Chinese medicine medical service system and comprehensively improve traditional Chinese medicine.
Seven key tasks such as service capabilities, accelerating the implementation of traditional Chinese medicine inheritance and innovation, and realizing a new international pattern of synergy between traditional Chinese medicine service trade, traditional Chinese medicine health industry, and foreign exchanges and cooperation, will build Hainan into a "window" for traditional Chinese medicine to go global
.
Prior to this, the Shandong Provincial Health Commission and the Shandong Provincial Development and Reform Commission and other 19 departments issued the "Shandong Province Traditional Chinese Medicine Industry Development Plan (2022-2025)" (referred to as the "Plan"); it also clearly stated that by 2025, The total scale of Shandong's traditional Chinese medicine industry has exceeded 100 billion yuan.
The development policies and security systems of the traditional Chinese medicine industry in Shandong Province have become more complete.
The ecological and standardized planting and breeding of Chinese medicinal materials has formed a certain scale.
A high-quality monitoring system has been initially established.
With rapid development, the level of intelligent manufacturing has been continuously improved, the content and products of traditional Chinese medicine and health services have been increasingly enriched, and the effect of industrial highland and famous product engineering has initially appeared
.
By 2030, Shandong will become a national highland of traditional Chinese medicine industry
.
In addition, the "Jinan Traditional Chinese Medicine Industry Development Plan (2021-2025)" was also officially released.
The plan is clear.
By 2023, the operating income of the Chinese herbal medicine planting industry will achieve 1.
6 billion yuan, and by 2025, it will exceed 2.
1 billion yuan.

.
The city's traditional Chinese medicine industry strives to achieve an output value of 17 billion yuan by 2023, and break through the 24 billion yuan mark by the end of 2025
.
In addition to the above provinces and cities, many other provinces and cities have also released their own development plans for traditional Chinese medicine.
The analysis believes that in the future, under the background of continuous favorable policies, the traditional Chinese medicine industry will move towards a higher-quality development path
.
And a large number of traditional Chinese medicine enterprises will also usher in more market opportunities through continuous inheritance of essence, integrity and innovation
.
It is worth mentioning that, according to the current situation of the industry, the industry predicts that in the next five years, the market size of China's traditional Chinese medicine industry will maintain a compound annual growth rate of about 14.
2% and continue to grow rapidly.
By 2025, the market size is expected to reach 50,000.
billion
.