Wenshan Panax notoginseng origin market jointly built by the province and the ministry opens to create a platform connecting the international market
Wenshan Panax notoginseng origin market officially opens to help the traditional Chinese medicine industry go global
Quick Look
- The first "Wenshan Panax notoginseng" International Traditional Chinese Medicine Industry Development Conference opened in Wenshan, Yunnan on the 7th, and the Wenshan Panax notoginseng origin market jointly built by the Ministry of Agriculture and Rural Affairs and Yunnan Province officially opened.
- The conference aims to promote traditional Chinese medicine to the world and deepen transnational pharmaceutical cooperation.
AI-generated summary
Why It Matters
Wenshan Prefecture has the largest production area and distribution center of Panax notoginseng medicinal materials in the country. In February this year, the Ministry of Agriculture and Rural Affairs agreed to jointly build a Wenshan Panax notoginseng origin market with Yunnan Province.
China News Service, Wenshan, Yunnan, November 7 (Reporter Han Shuainan) On November 7, the first "Wenshan Panax Notoginseng" International Traditional Chinese Medicine Industry Development Conference opened in Wenshan Prefecture, Yunnan Province. At the conference, the Wenshan Panax notoginseng origin market jointly built by the Ministry of Agriculture and Rural Affairs and the Yunnan Provincial People's Government was officially opened.
Wenshan Zhuang and Miao Autonomous Prefecture is located in the southeast of Yunnan Province, bordering Vietnam. Wenshan Prefecture has the largest production area and distribution center of Panax notoginseng authentic medicinal materials in the country. More than 95% of Panax notoginseng raw materials are listed and traded through Wenshan, supplying 1,209 pharmaceutical companies, 3,355 drug approvals, and more than 500 health food manufacturers. In 2025, the area of Chinese medicinal materials in the state will be 2.6 million acres, and the Chinese medicinal materials industry, mainly notoginseng, will achieve a comprehensive output value of 45.6 billion yuan, of which the comprehensive output value of the notoginseng industry will reach 22 billion yuan.
In February this year, the Ministry of Agriculture and Rural Affairs officially agreed to jointly build a Wenshan Panax notoginseng origin market with the Yunnan Provincial People’s Government. This project is based on Wenshan's Panax notoginseng industry endowment and unique location advantages, and promotes the transformation and upgrading of Wenshan's Panax notoginseng production area market towards modern logistics, intelligent facilities, professional management, and refined services. It is based in Wenshan, serves the whole country, radiates to ASEAN, and faces the world, and strives to build a Panax notoginseng industry service platform that connects to the international market.
Gao Feng, vice chairman of the Yunnan Provincial Committee of the Chinese People's Political Consultative Conference and chairman of the Provincial Federation of Industry and Commerce, said in his speech that he hopes that overseas guests will use this conference as a link to continue to build a bridge for cross-border exchanges, promote the exchange of traditional medicine cultures, technological complementation, and market integration of various countries, actively spread the health care culture of traditional Chinese medicine, promote Yunnan famous and special Chinese herbal medicine brands such as Wenshan Panax notoginseng, and continue to deepen pragmatic cooperation in the fields of medical health care, industrial investment, academic exchanges, and standard co-construction.
Zhao Guoliang, Secretary of the Wenshan Prefectural Committee of the Communist Party of China, said in his speech that Wenshan will establish the concept of general health and wellness, insist on inheriting the essence, keeping integrity and innovation, complying with the global health trend, and based on Wenshan's resource endowment, we will firmly build a Panax notoginseng health and residence destination, and let Wenshan Panax notoginseng and traditional Chinese medicine go to the world.
On the same day, the conference also held Wenshan Panax notoginseng traditional Chinese medicine industry promotion and project signing, and the release of major results of the Panax notoginseng traditional Chinese medicine industry.
With the theme of "Wenshan Panax notoginseng for a healthy world" and adhering to the concept of "health, friendship, cooperation and development", this conference aims to build an international platform for discussion, cooperation and joint development. Through the conference series activities, the world will understand Wenshan Panax notoginseng, let the traditional Chinese medicine resources originating from Miaoling in Zhuang Township go to the world, and contribute Wenshan's strength to the inheritance, innovation and development of traditional Chinese medicine.
What to Watch
AI outlook — possibilities, not facts
The Wenshan Panax notoginseng origin market will promote the transformation and upgrading of the Panax notoginseng industry towards logistics modernization and facility intelligence.
Very likely · Within months
Open Questions
- What is the specific transaction volume target for the Wenshan Panax notoginseng origin market?
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