Tongrentang Enjoying Successful Overseas Development

摘要

Sales revenue for China’s time-honored traditional Chinese medicine(TCM)producer Tongrentang,which has a history reaching back 342 years,hit 13 billion yuan($2 billion) in 2010,with profit of 1 billion yuan($153 million).Overseas development was another high-light of its development with export earnings reaching$28 million.By far,Tongrentang has been China’s top exporter of Chinese patent drugs for 11 years.Today,Tongrentang has set up two sole