Research Report On Entry Into China’s Medicinal Herb Market-Aarkstore Enterprise
This report presents a full view of China’s medicinal herb market, provides analysis and suggestions on how to entering this fast growing market in China. The report includes analysis on market shares, competition, key players, market segmentation, import & export changes, sales channel, buyer’s behavior, entry barriers, industrial environment and policy trends; introduces the procedure for exporting products to China, Chinese inspection & standards system, a list of major importers & agencies, annual trade fairs in China; provides full forecast to 2010 and key statistical data.
Through this research report, readers will know who are the major players and supervisors in China’s medicinal herb market, what are the market entry opportunities and barriers, where is the right place to sell products, how many countries / regions exporting their products to China and where they go…
After the development for many years, a group of enterprises reputed as “China’s time-honored brands” have appeared in the field of traditional Chinese medicine in China, such as Guangzhou Pharmaceutical Company Limited, Yunnan Baiyao Group Co., Ltd., Beijing Tongrentang Group Co., Ltd., Tianjin Zhong Xin Pharmaceutical Group Co., Ltd., etc., which have gradually become the important parts of the developing traditional Chinese medicine industry. According to the data released by the National Bureau of Statistics of China, large-scale enterprises in China’s medicine manufacturing industry achieve a gross industrial output value of RMB 565.902 billion Yuan, a product sales revenue of RMB 520.723 billion Yuan and total profit of RMB 49.921 billion Yuan from January to November in 2007, up by 24.87%, 24.56% and 51.07% over the same period of the previous year respectively. From January to November in 2007, the traditional Chinese medicine industry achieves a gross industrial output value of RMB 158.453 billion Yuan and sales revenue of RMB 142.448 billion Yuan, which respectively take 28% and 27.36% in the gross industrial output value and sales revenue of medicine manufacturing industry. Besides, the concentration ratios of enterprise sales revenue and regional sales revenue of the large-scale enterprises have reached 40.58% and 63.16% respectively.
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