Framework agreement for getting Chinese and Mongolian medicine online

(chinadaily.com.cn)

Updated: 2016-03-22

The Shiguai district of the city of Baotou, Inner Mongolia recently signed a cooperation framework with an online trading company in the city of Nanjing, Jiangsu province to build an online-offline trade center and base for Chinese and Mongolian medicines in the region.

The plans call for putting 150-million yuan ($23 million) into the project for an online market, an offline market, a 3,000-hectare Chinese medicinal materials base for goods, clearing, storage, and quality testing.

This is a breakthrough for the region in merging medicine development and the Internet-Plus for a complete medicine industry chain and it brings about 500 jobs for locals.