www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

Domestic

Just the right prescription

By Lian Mo (China Daily)
Updated: 2011-01-11 14:25
Large Medium Small

Tongrentang looks to expand overseas with more stores in Europe and US

BEIJING - Beijing Tongrentang Group Co Ltd, a traditional Chinese medicine (TCM) producer, plans to open three more stores in Europe and is looking for partners to set up shop in the United States, a company executive said.

From its origins as a pharmacy which served the Chinese royal family for nearly two centuries, the company will open three stores in Europe this year - one each in Germany, Poland and Hungary, Mei Qun, vice-president and general manager of the company, told China Daily.

Those in Poland and Hungary will open in the first half of the year, while the German store is still under negotiation, he said.

Related readings:
Just the right prescription Beijing expo to promote time-honored brands
Just the right prescription Tongrentang Health to source ginseng from Wisconsin
Just the right prescription Beijing Tongrentang Group net profit up 16% in '09
Just the right prescription Drug firm posts 11% rise in net

Beginning its overseas expansion in 1993, the company now has 45 joint venture or wholly-owned stores in 16 countries and regions.

In 2009, its sales were about 10 billion yuan ($1.5 billion) with exports accounting for $25.4 million. That figure is expected to rise to $28 million in 2010.

Most of the company's overseas shops are in Asia where Chinese culture and TCMs are popular, partly thanks to the presence of large Chinese communities.

Tongrentang's presence in the West is smaller. It has one store in Europe - in London - and two in Canada. It also has two stores in Australia.

Mei said Tongrentang is looking for partners in the US to set up its first shop.

"We have sales agencies in the US now and pay lots of attention to the market. To set up a store there is our next stage of development," he said.

"We have been seeking appropriate partners in the US, as a joint venture is normally the best way to do business overseas. The local partners know more about the market and medicine regulations," he added.

According to Mei, Tongrentang's gear-up for expansion in the Western market comes after "the rise of China as an economic and cultural powerhouse and greater recognition of TCMs in the West".

Non-Chinese customers have also increased. In Canada, about 10 percent of the customers are local and the proportion is 20 percent in Australia.

But experts said the Western venture faces a lot of challenges.

"The TCM's global journey has never been smooth and its future could be worse as global supervision on medicines will become stricter," said Xu Ming, head of the Traditional Chinese Medicine Department of the China Chamber of Commerce for the Import & Export of Medicines & Health Products.

Chinese-patented TCMs cannot be sold as medicines but as dietary supplements in the European Union and US.

Exports of Chinese-patented TCMs reached $160 million in 2009, up 30 percent from $125 million in 1996, a "not-so-handsome performance" if the exchange-rate changes and inflation are taken into account, Xu said.

"TCMs are recognized by some people in the West. But the principles of Western and Chinese medicines are totally different, and it is hard for TCMs to fit the conditions and regulations of Western medicine," said Han Liwei, a professor at Beijing University of Chinese Medicine.

主站蜘蛛池模板: 日本69色视频在线观看 | 亚洲国产成人久久综合一区77 | 国产午夜毛片一区二区三区 | 99久久免费精品国产免费高清 | 久久精品国产免费观看99 | 亚洲国产欧美在线不卡中文 | 国产伦精品一区二区三区四区 | 视频二区在线观看 | 日韩一级精品久久久久 | 中文字幕欧美一区 | 亚洲超大尺度激情啪啪人体 | 国产亚洲欧美另类久久久 | 偷拍小视频99在线 | 亚洲国产二区三区久久 | 99热在线免费 | 日韩国产免费一区二区三区 | 亚洲日韩精品欧美一区二区一 | 亚洲美女色成人综合 | 亚洲男人天堂手机版 | 亚洲国产成人在线视频 | 国产精品三级在线观看 | 久久精品国产国产 | 国产综合久久一区二区三区 | 国产精品久久久久精 | 亚洲午夜精品在线 | 99久久精品免费看国产高清 | 特级毛片8级毛片免费观看 特级毛片免费观看视频 | 国产精品久久久久久免费 | 欧美毛片日韩一级在线 | 亚洲综合色一区二区三区小说 | 成年女人毛片免费观看中文w | 免费无遮挡毛片 | 长腿美女被啪的欲仙欲死视频 | 亚洲图片偷拍自拍 | 香港台湾经典三级a视频 | 久草首页在线观看 | 长腿校花被啪到腿软视频 | 精品国产一区二区在线观看 | 亚洲va老文色欧美黄大片人人 | 欧美成人视屏 | 国产一级黄色网 |