Report lists costs of raw materials in TCM
The first comprehensive compilation of market prices for traditional Chinese medicine raw materials lists the caterpillar fungus, produced from dead moth caterpillars, as the most expensive at about 195,000 yuan ($30,533) per kilogram.
The fungus has been used in medical treatments for hundreds of years, treating lung disease, bronchitis and impotence. It also serves as a tonic for general good health.
A total of 513 TCM raw materials are on the price report.
China has nearly 42,000 TCM specialty hospitals, accounting for 4.3 percent of the total hospitals nationwide, but most large public hospitals have TCM departments. Among more than 7.3 billion hospital visits last year, 810 million involved TCM treatments.