Eight departments: Increase efforts to cultivate the listing of traditional Chinese medicine industry enterprises.

The Ministry of Industry and Information Technology and other eight departments have issued the "Implementation Plan for High-quality Development of Traditional Chinese Medicine Industry", which proposes to cultivate outstanding enterprises in a gradient manner. It aims to create a fair competition market environment, stimulate the development potential and innovation vitality of traditional Chinese medicine industry enterprises, and promote the integrated development of large, medium, and small traditional Chinese medicine industry enterprises. It supports leading traditional Chinese medicine industry enterprises in establishing a traditional Chinese medicine industry development fund and encourages financial institutions to provide insurance, loans, and other financial services to traditional Chinese medicine industry enterprises. It will cultivate and publish a group of leading enterprises with ecological leadership and core competitiveness, and encourage them to drive upstream and downstream coordinated development through layout across the entire industry chain, and take the lead in establishing an innovative consortium to carry out research and development of traditional Chinese medicine technology innovations.