CHINA DAILY: Index to boost cultivation and trade in TCM herbs
By Zhuan Ti (China Daily)
Updated: 2011-04-21 10:00
Complied in Chengdu, data to help with planting and pricing.
A new index of Chinese herbal medicines published in Chengdu, capital of Sichuan province, on April 16 will help both the government and businesses in the field understand trends and promote further development of the industry, said Zhang Jinquan, deputy director of Chengdu Commerce Bureau.
“The index will become a weather vane in the country’s herbal medicine market,” Zhang said.
Authorized by the Ministry of Commerce, the Chengdu Index carries prices and purchase data on medicines reflecting the overall commerce in traditional Chinese medicines.
The price list, which includes 1,275 kinds of medicines, is published each week, according to Zhang.