Chinese Medicine
Chinese Medicine Development Fund
The objectives of the Chinese Medicine Development Fund include to enhance the overall standard of the industry, to nurture talent necessary for the Chinese medicine (CM) Hospital development, to promote CM-related scientific research and to enhance public knowledge and understanding of CM.
The Fund aims at benefitting practitioners and institutions at all levels in the CM and CM drug sectors, including practising CM practitioners (covering both registered and listed CM practitioners), related healthcare professionals and persons engaged in the CM drug industry. It is also expected that CM clinics, manufacturers and wholesalers of proprietary Chinese medicines, retailers and wholesalers of Chinese herbal medicines, universities, and CM-related organisations, trade associations and research institutions, etc will benefit from the Fund. An Advisory Committee responsible for administering and vetting the funding schemes under the Fund has been set up on 1 March 2019. Hong Kong Productivity Council is the implementation partner for the Fund. The fund was officially put into operation in June 2019.
For more details, please visit the Chinese Medicine Development Fund website.