The TCM industry generated an output value of 317.2 billion yuan ($48.8 billion) in 2010, soaring 29.5 percent from a year ago. Total profit stood at nearly 30 billion yuan ($4.6 billion), up 33 percent year on year.
In 2010, there were more than 2,300 TCM manufacturers in China, employing nearly 500,000 people. The fixed asset investment in the sector totaled nearly 50 billion yuan ($7.7 billion), an increase of 16 percent.
China exported $1.94 billion worth of TCM, up 22.78 percent from the previous year.
(Source: National Development and Reform Commission) |