China's Jilin Province to rev up ginseng industry

Published 2022년 6월 12일

Tridge summary

Jilin Province in northeast China has launched a strategy to boost its ginseng industry, with the goal of reaching an output value of 80 billion yuan by 2025 and 100 billion yuan by 2030. The strategy focuses on several key areas including planting, product development, brand building, and financial support. Jilin, which leads China in ginseng production with about 60% of the country's total, will also enhance its ginseng industry's scientific and technological innovation to improve competitiveness. The province aims to make significant advancements in key technologies such as new variety cultivation, efficient planting, and deep processing during the 14th Five-Year Plan period (2021-2025).
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Northeast China's Jilin Province has released a guideline to bolster the ginseng industry, aiming to increase its total output value to 80 billion yuan (about 11.9 billion U.S. dollars) in 2025 and 100 billion yuan in 2030. Support measures will be taken in major aspects such as ginseng planting, product development, brand cultivation, and fund seeking, according to the guideline on advancing high-quality development of the ginseng industry released by the general office of the Jilin provincial people's government. Jilin is China's leading production area for ginseng, a renowned herb believed to enhance wellbeing. Statistics showed that the province produces around 60% of the country's total ginseng. The guideline will enhance the scientific and technological innovation in Jilin's ginseng industry, which can make the industry and relevant ginseng products more competitive in the market, said Chen Changbao, vice-principal of Changchun University of Chinese Medicine. The province ...
Source: China

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