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Financial Crises, Infiltrated Plant Extract Industry In Attempting To Use Winter

Held in June this year, the eighth in the world pharmaceutical API China's development

during the plant extract themes at the show are very active in anti-expansion exhibitors scale Notations. However, after six months, as the financial crisis has infiltrated into the fermentation, plant extract industry also need to put on "jacket" ready "winter."

Global economic recession will have a severe impact on U.S. and European pharmaceutical industry, the Chinese extract, Traditional Chinese medicine Pieces such as export volume will continue to decrease, "we open a closed meeting, the meeting mainly discussed the current severe economic situation, how to effectively promote the healthy development of plant extract industry."

Learned recently from the China Medical Health Products Import and Export Chamber of Commerce was informed in mid-December, a Chamber of Commerce organized by the "Chinese plant extracts Industry Development Forum" held in Xi'an. China Health Insurance Liuzhang Lin, vice president of Chamber of Commerce, Chamber of Commerce Traditional Chinese medicine Ministry experts, as well as plant extract branch director unit, part of the leading enterprises in the domestic plant extract plant extract responsible industry self-regulation on the launch, set up quality assurance system, increase research and development efforts to enhance product quality and product value-added content such as discussion, and reached consensus.

In addition, in response to the financial crisis to the impact of plant population raised, Health Insurance Association of plant extracts chapter is intended to assist qualified companies jointly extract dietary supplement cGMP certified to carry out the United States, hoping to enhance the image of industry, to promote export.


Volume price rise Representative attended the meeting, the central topic of this meeting is how the financial crisis and corporate security "winter." "The meeting of the plant extract giants are basically directed at the exchange and sharing of 'winter' experience comes."

Keynote address at the forum, Liu Zhanglin a report entitled "Financial Crisis impact on the pharmaceutical industry and the response of" report. Plant Extracts branch on behalf of the president, general manager Zhang Chengwen and other biological Xi'an Haotian more than 40 delegates, has on plant extracts industry international market trends and the impact of economic crisis, plant extract industry in the international market changes, the developed countries secure testing standards, plant extract applications development and capital operation to the situation analysis and countermeasures.

From China Medical Insurance Association's latest data show that plant extracts inelastic consumer products, but exports of financial crisis on the adverse effects of pharmaceutical products also exist, but the effect is lagging behind.

2008 the first 10 months, China's export extract showed "quantity price rise" feature, the cumulative export 26,000 tons, down 11.7% year on year, while exports last year was 4.3 billion U.S. dollars, up 12.6%. Export destination owing to financial crises changed greatly, from 1 October extracts export data, Japan, the United States, Mexico, to 10,035.0 million dollars, respectively, 59.068 million U.S. dollars, 34.482 million U.S. dollars breakdown of the top three, and last year the top three exports are the United States, Japan and South Korea.

"Prominent medical advisory body to the United States recently released report, the global economic recession will be the pharmaceutical industry in the United States and Europe have a serious impact on the global economic growth next year will drop medicine 1 to 2 percentage points of economic growth in the American Medical to fall 2 to 3 percentage points. 2009, plant extracts, such as Chinese Herbal Medicine total exports will decline. "Liuzhang Lin says.

Health Insurance Association of plant extracts Branch staff also told reporters that the branch of industry is being real concerned about developments at home and abroad to monitor the situation and the key countries of import and export policies and regulations change, make trades early warning. Under the current situation, "ready to have sufficient cash flow, good customer credit investigation, needed to train their internal strength, to cut expenditure and to ensure product quality, plant proposed export enterprises become the consensus."


Phi "jacket" winter

In fact, the eighth held in June this year, the world's pharmaceutical API China's development during the plant extract themes at the show are very active in anti-expansion exhibitors scale Notations.

Financial Crises, Infiltrated Plant Extract Industry In Attempting To Use Winter

By: dudu
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