Ex-Hong Kong leader’s Chinese medicine platform to link mainland and global markets
Leung Chun-ying launches Hong Kong-based trading platform to boost transparency, efficiency and global reach of branch of medical practice
Former Hong Kong leader Leung Chun-ying has launched a traditional Chinese medicine (TCM) trading platform aimed at connecting mainland Chinese manufacturers with international markets by leveraging the city’s testing and certification systems.
Leung, also a vice-chairman of the National Committee of the Chinese People’s Political Consultative Conference, said on Thursday that the platform, an independent third party, aimed to promote the centralisation, standardisation, marketisation and transparency of trade.
“We believe that only with good medicinal materials can there be good TCM practitioners and good proprietary medicines; only with a good market can good materials be purchased efficiently and reliably,” he said as he launched the platform in Nansha, Guangdong province.
“Therefore, we must build a trading platform that guarantees quality, centralises buyers and sellers, provides high trading efficiency, offers accurate, timely, transparent and comprehensive supply and price information, and reduces the time cost of transactions.”
The launch ceremony, held concurrently in Nansha and Hong Kong, was attended by more than 450 representatives of TCM manufacturers, distributors and local governments.
The Shouchuang Traditional Chinese Medicine Trading platform was established under the TCM All-sector Hong Kong Centre. Leung founded the centre in 2022 to leverage the city’s unique position and strengths in aligning with the national strategy of promoting the high-quality development of the field.