On December 8th，After being treated at the Traditional Chinese Medicine Department of Pujiang Hospital of Traditional Chinese Medicine, Weng Lixia, a Pujiang resident, and her husband noticed a significant increase in the prices of Traditional Chinese Medicine compared to the previous week.
After confirming with the attending doctor, she stated, "The prescriptions are now 50% more expensive than before and some prescriptions are even two-thirds more expensive." Surging Traditional Chinese Medicine prices increase the cost of medical treatment, making life even more challenging for ordinary people.
Since the outbreak of the global health event COVID-19, Traditional Chinese Medicine has once again become a focus as a method for disease prevention and treatment. This trend has led to a surge in the popularity of traditional Chinese medicine, particularly attracting attention from capital. However, it has also raised another issue: a significant rise in the prices of Traditional Chinese Medicine.
According to industry reports, the prices have surged by more than 50% for over 200 common Traditional Chinese Medicine, increased by over 200% for bulk Traditional Chinese Medicine, and even soared by 400% to 900% for individual varieties like abrus cantoniensis hance. The price hike has prompted doctors to exercise greater caution in prescribing Traditional Chinese Medicine.
What is driving the price hike of Traditional Chinese Medicine?
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