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TCM retail turnover in China 2008-2020

Published by
Lai Lin Thomala,
Jan 25, 2022
In 2020, the turnover value of traditional Chinese medicine products in the retail market in China amounted to around 8.8 billion yuan, the highest value over the last decade. Traditional Chinese medicine dominates the pharmaceutical retail sector in China, whereas Western medicine only accounts for a small market share.

Turnover value of traditional Chinese medicine (TCM) retail market in China from 2008 to 2020 (in billion yuan)

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Source

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Release date

January 2022

Region

China

Survey time period

2008 to 2020

Supplementary notes

One yuan equals approximately 0.16 U.S. dollars and 0.14 euros (as of January 2022).

Figures have been rounded for a better understanding.

The source does not provide a publication date. The release date stated here is the date of access.

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