China Medical News

According to the China Academy of Chinese Medical Sciences, the Traditional Chinese medicine (TCM) industry has developed rapidly during the last 10 years, and in 2013, the total value of TCM out-put exceeded 560 billion RMB (91.4 billion USD), one third of the total value of China's medicine industry. During the first TCM Science Conference which was held on Nov. 23rd, an official from the State Administration of Traditional Chinese Medicine said "TCM and western medicine complement each other, which is an important trait of China's health service system" and "as TCM has advantage in prevention and health care and is relatively cheaper than western medicine, TCM will help to solve difficulties for common people to get medical treatment" and thus suggested that TCM will play a bigger role in the future medical reform. (Source: Xinhua)