Re­search into TCM is in­creased

China Daily (Canada) - - NEWS CAPSULE -

As part of a new health drive, Chi­nese au­thor­i­ties are step­ping up re­search into Tra­di­tional Chi­nese Medicine (TCM) and are en­cour­ag­ing sci­en­tists to look for its next magic cure.

“China will en­cour­age orig­i­nal­ity in TCM and ex­plore the mar­ket value of ex­ist­ing re­search,” said Yan Shu­jiang, deputy di­rec­tor of the State Ad­min­is­tra­tion of Tra­di­tional Chi­nese Medicine, at a TCM con­fer­ence in Guangdong prov­ince.

The game changer for TCM was the dis­cov­ery of artemisinin, an ac­tive com­pound of sweet worm­wood, which landed China a No­bel Prize last year, and is now widely used in anti-malar­ial drugs through­out the world.

The TCM in­dus­try is val­ued at more than $121 bil­lion, al­most 30 times larger than 20 years ago, and one-third of the to­tal medicine in­dus­try in China.

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