Path selection of internationalization of traditional Chinese Medicine based on Belt and Road Initiative strategy / 中草药

ABSTRACT

With the continuous promotion of "Belt and Road Initiative" strategy, it has brought unprecedented opportunities for the development of traditional Chinese medicine (TCM) industry in China. Although TCM culture has a long history and TCM industry is huge, the data analysis with the ASEAN countries from 2009 to 2018 shows that there is still much room for development in the aspects of technological progress efficiency, scale efficiency, and technological innovation efficiency of TCM industry in China. The internationalization of TCM industry in the process of "Belt and Road Initiative" strategy from three aspects setting up "Belt and Road Initiative"TCM technology industry fund, building authentic medicine cluster brand, and promoting the breakthrough of TCM biotechnology by equipment innovation are put forwardin this paper.