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China's Pharmaceutical Exports Face Tough Challenges

Tuesday,June 27,2006 Posted: 21:40 BJT(40 GMT) ChinaDaily.com.cn

Although Chinese pharmaceuticals, especially traditional Chinese medicine, sell like hot cakes on the global market with rapid growth in exports, there are still challenges, according to customs insiders from Fuzhou, capital of East China's Fujian Province.

Fujian Province witnessed US$47.353 million in pharmaceutical exports during the January-April period this year, up 47.1 percent compared with the same period last year.Prepared traditional Chinese medicine exports reached US$5.477 million, up 230 percent year on year, statistics showed.

Private enterprises have become the main force for pharmaceutical exports in the province, with total exports of US$31.69 million, up 47.5 percent and accounting for 66.9 percent of the total pharmaceutical exports in Fujian.

The full text is available in the June Issue of China Medicine.

By Du Xiaoli

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