The first batch of international business standards for plant extracts was issued and implemented on October 1, 2013

Source: the medical insurance chamber of Commerce 2013-9-23 plant extract industry is a fast-growing sunrise industry With the development of the industry, the lack of standards has increasingly become an important factor hindering the development of the industry In the process of production and circulation, there is no effective supervision without standards; in the process of foreign trade, there is no active bargaining power without standards; to some extent, the lack of standards will lead to the phenomenon that "bad currency drives out good currency" After the adjustment of the new legal inspection catalogue last year, the enterprises that export plant extracts without standards feel more like "sword of Damocles" hanging on their heads and may be banned from exporting at any time Based on this, in April 2012, the chamber of Commerce for medical insurance organized domestic excellent plant extract production and export enterprises to develop the international business standard for plant extract After several rounds of expert review and extensive consultation with enterprises, seven international commercial standards for plant extracts were finally published in Shanghai CPHI on June 28, 2013 After one month's publicity period, the following 7 international business standards for plant extracts were finally issued after the feedback of enterprises was integrated and the expert opinion was again solicited for research and discussion The formulation and release of international business standards will improve the quality standard system of plant extracts, improve the industry access mechanism, strengthen the self-discipline of industry enterprises, and promote the healthy and sustainable development of plant extracts industry Seven international business standards for plant extracts are: international business standards for Ginkgo biloba extract, blueberry extract, ginseng extract, Polygonum cuspidatum extract, Centella asiatica extract, willow extract and silymarin extract At the same time, the chamber of Commerce will launch the development of international business standards for the second batch of plant extracts Welcome the plant extract enterprises to contact with the chamber of Commerce and actively participate in the development of international business standards for plant extract.