Traditional Chinese medicine brand Tong Ren Tang has accelerated its overseas expansion, opening nine stores abroad last year.
It has developed 31 branches in 25 countries and regions, has 115 retail sites, clinics and health centers, and served more than 30 million patients.
Beijing Tong Ren Tang Group chairman Mei Qun says there have been three steps in its international development: in 1993, it started its overseas development in Hong Kong; in 2003, it established Beijing Tong Ren Tang International in Hong Kong; and in 2013, Beijing Tong Ren Tang Chinese Medicine was listed in Hong Kong and started developing in major European markets.
Group deputy-GM Ding Yongling says the group opened nine new stores last year in six countries and regions, including Hong Kong. Apart from Chinese medicine stores, the group also developed Chinese medicine clinics and health centres overseas.
