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Home > News > Policies > Representative of the National People's Congress: Support the accelerated development of the plant extraction industry

Representative of the National People's Congress: Support the accelerated development of the plant extraction industry

ECHEMI 2021-03-08

Lu Qingguo, deputy to the National People's Congress and chairman of Chenguang Bio, plans to put forward suggestions at the two sessions of this year to support the accelerated development of the plant extraction industry.

 

Lu Qingguo said that the plant extraction industry is a small and beautiful emerging industry. In the past, plant extracts were basically used abroad, and China did processing. Now with the development of research technology in China, China’s plant extraction industry has achieved technological leadership in the world. , The entire scale is also at the forefront.

 

In 2019, the global plant extract market reached 23.7 billion yuan, and is expected to reach 59.4 billion yuan in 2025, with a compound growth rate of 16.5% from 2019 to 2025. It is an emerging industry with high-speed expansion and huge potential.

 

Lu Qingguo said that promoting the development of the plant extraction industry is in line with the development requirements of my country's rural revitalization strategy. The raw materials of the plant extraction industry are natural or artificially grown plants, which are labor-intensive agricultural products. The upstream of the industry is connected to agriculture. The raw materials of many plant extracts are cash crops. By planting these cash crops, farmers' income has been significantly increased.

 

Lu Qingguo said that promoting the development of the plant extraction industry is of strategic significance to the promotion of ecological recycling agriculture and the comprehensive utilization of resources. The space for comprehensive utilization of resources in the entire plant extraction industry is very large, especially for countries such as my country where per capita resources are relatively poor in the world, the comprehensive utilization of resources is of great significance. With the continuous development and maturity of plant extraction technology, many resources previously regarded as "waste and waste" can be turned into treasure.

 

Lu Qingguo said that as an important raw material for the big health industry, plant extracts are of great significance to the implementation of the "Healthy China" development strategy. Plant extracts are important raw materials for the health industry. Plant extracts have natural and healthy product attributes. The downstream industry is closely connected to the health industry, becoming raw materials for food, health food, and medicine, and plays an important role in human health, animal health, plant health, environmental health and industrial production. Support healthy China's development.

 

Lu Qingguo believes that the plant extraction industry has huge potential and space for future development, and it is hopeful that it will become a new growth point for the national economy and promote my country to become a global "big and healthy" raw material and product manufacturing power. But at the same time, the domestic plant extract industry is not highly concentrated, with many and scattered companies, with varying qualifications, and varying levels of technical equipment. High-tech enterprises and small workshops coexist; as a raw material industry, relevant regulations and standards are not consistent. Perfection makes terminal product development and market expansion lack motivation. Challenges and opportunities coexist in the plant extract industry.

 

Lu Qingguo suggested that the resources of multiple departments should be integrated, and a special plan to support the healthy development of the plant extraction industry should be issued at the national level, so as to form a system to support the development of the industry and promote the better and faster development of the plant extraction industry.

Disclaimer: ECHEMI reserves the right of final explanation and revision for all the information.

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