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    Home > Active Ingredient News > Drugs Articles > Release of the first batch of international business standards for plant extracts

    Release of the first batch of international business standards for plant extracts

    • Last Update: 2013-06-28
    • Source: Internet
    • Author: User
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    June 28, 2013 source: tiantianxinbao plant extract is the fastest growing industry in the export industry of traditional Chinese medicine in China However, the lack of product standards for many years has seriously restricted the healthy development of the industry The international business standards for the first 10 plant extracts were officially released at the "2013 world pharmaceutical raw materials China Exhibition" held in Shanghai yesterday As a sub industry that is most likely to realize internationalization in the field of traditional Chinese medicine, the release of standards will promote the quality of products and accelerate the process of internationalization of traditional Chinese medicine These 10 plant extracts are: bilberry extract, Ginkgo biloba extract, Centella asiatica extract, etc "The 10 plant extracts selected this time are all the major varieties in the export of plant extracts in China, which have certain representativeness." Liu Zhanglin, vice president of China Chamber of Commerce for import and export of medical and health products, said The international business standard of plant extracts is aimed at the export products facing the international market, which is applicable to the export of products to the European Union, the United States and other international markets However, Liu Zhanglin pointed out that in the absence of existing industry standards for plant extracts, the introduction of international business standards can to some extent fill the "gap" in the development of the industry "With these standards, the export enterprises of plant extracts can also have certain negotiation basis and discourse power when negotiating with foreign investors in the future." Plant extract industry is "sunrise industry" According to the statistics of China Customs, in the first quarter of 2013, China's import and export of plant extracts reached 410 million US dollars, an increase of 12.1% year on year Among them, the export volume was US $330 million, an increase of 11.2% year on year, accounting for 47% of the export volume of traditional Chinese medicine Plant extracts continued to maintain a large proportion in the export of traditional Chinese medicine products  
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