Back to News
investment

Ex-Hong Kong leader’s Chinese medicine platform to link mainland and global markets

Emily Hung
Loading...
2 min read
0 likes
⚡ Quantum Brief
Former Hong Kong leader Leung Chun-ying launched a Hong Kong-based trading platform for traditional Chinese medicine (TCM) on April 9, 2026, to connect mainland manufacturers with global markets. The platform aims to centralize, standardize, and increase transparency in TCM trade by leveraging Hong Kong’s testing and certification systems, ensuring quality and efficiency. Leung, also a national political advisor, emphasized the need for reliable supply chains, stating quality materials are essential for effective TCM practitioners and medicines. The launch event in Nansha and Hong Kong drew over 450 industry representatives, including manufacturers, distributors, and government officials. Operated by Leung’s 2022-founded NGO, the platform aligns with China’s strategy to boost TCM’s global development through Hong Kong’s unique trade advantages.
AI Audio Summary
0:00 / 0:00
Click to play
Ex-Hong Kong leader’s Chinese medicine platform to link mainland and global markets

AdvertisementHong Kong economyHong KongHong Kong EconomyEx-Hong Kong leader’s Chinese medicine platform to link mainland and global marketsLeung Chun-ying launches Hong Kong-based trading platform to boost transparency, efficiency and global reach of branch of medical practice2-MIN READ2-MIN ListenEmily Hungin NanshaPublished: 7:58pm, 9 Apr 2026Former 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 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, a city in Guangdong province.Advertisement“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 was held concurrently in Nansha and Hong Kong and was attended by more than 450 representatives of TCM manufacturers, distributors and local governments.AdvertisementThe platform was established under the TCM All-sector Hong Kong Centre, an NGO founded by Leung 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.AdvertisementSelect VoiceSelect Speed0.8x0.9x1.0x1.1x1.2x1.5x1.75x00:0000:001.00x

Read Original

Tags

startup

Source Information

Source: South China Morning Post Business

Discussion

0 professional contributions

Sign in to join this professional discussion.

Be the first to add a constructive contribution.