Foreign enterprises favor plant extracts in China

- Jun 19, 2017 -

In the day before yesterday, "2015CNIC China International Forum (Beijing) Small seminar", China Medical and health products import and export Chamber of Plant Extracts branch secretary General Hu Zhibin told Beijing Business News reporter, in the first half of this year, China's export-oriented exports to the United States, which accounted for 19% of the total exports, followed by Japan, accounting for 10% of the export volume, the third was Indonesia and Malaysia, respectively, accounting for 9% of the total. And from China's medical and health products import and export Chamber of Commerce statistics show that last year, China's plant extracts exports of 1.778 billion U.S. dollars, accounted for China's traditional Chinese medicine products exports 49.48% share, year-on-year growth of 25.88%. "In recent years, extracts accounted for more and more of China's traditional Chinese medicine exports, far higher than China's medical and health products and traditional Chinese medicine product export growth, has become the export of Chinese medicine products in the rapid development of a newly-developed industry." Hu Zhibin said. Beijing Business News reporter learned that the first half of this year's export plant extracts, the top ten are: Stevia extract, Blueberry extract, Eucalyptus leaf oil, chili pigment, cassia oil, Licorice Extract, Marigold Extract, extract of mangosteen, water thistle extract and rutin, of which only sweet chrysanthemum extract exports of more than 100 million U.S. dollars.

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