Innovation Driving Tradition: The TCM Health Innovation and Development Forum Concludes Successfully

From May 5 to 7, 2023, the “7th Future Healthcare 100 Conference,” hosted by VB100, VCBeat, and Eggshell Institute, with strategic partnership support from Shanghai Zhangjiang Group, was successfully held at the Shanghai Zhangjiang Science Hall.

During the conference, the “Forum on Innovative Development of Traditional Chinese Medicine for Health” was highly popular, attracting numerous industry professionals and receiving unanimous acclaim, thereby delivering a premium feast of industrial exchange for attendees.

(Pictures of the bustling forum scene)

It is reported that the forum, guided by the principles of upholding fundamental values while pursuing innovation and driving informatization transformation, explored the opportunities and challenges facing the traditional Chinese medicine (TCM) industry in the new era through multidisciplinary dialogues spanning academic, industrial, and investment perspectives.

On that day, the forum was held atWang Qing, CEO of TCM Online's hosting kicked off the event. The first speaker wasBian Baolin, Chief Researcher at the China Academy of Chinese Medical SciencesHe delivered a presentation titled “Reflections on the High-Quality Development of Traditional Chinese Medicine in the New Era.” Drawing on his more than 40 years of professional experience, he discussed key changes in the industry’s development and shared his expectations for the high-quality advancement of Traditional Chinese Medicine.

(Wang Qing, CEO of TCM Online)

(Chief Researcher Bian Baolin, China Academy of Chinese Medical Sciences)

Immediately following,Fan Jiping, President of Shandong Bianque Traditional Chinese Medicine Health Industry GroupHe delivered a speech titled “Digitalization Driving Transformation in the Traditional Chinese Medicine (TCM) Industry.” He noted that the TCM sector is receiving increasing attention from the Chinese government, with the industry continuing to expand and holding immense potential for future growth. He also provided a detailed overview of Shandong Bianque TCM Health Industry Group’s initiatives in internet healthcare.

(President of Shandong Bianque Traditional Chinese Medicine and Health Industry Group, Fan Jiping)

Zhang Jianmin, Director of the Department of Pharmacy, Capital Institute of PediatricsHe delivered a presentation titled “Focusing on the Research and Translation of Hospitals’ Proprietary Preparations,” in which he provided a detailed overview of the evolution of pharmaceutical preparations, elaborated on policies related to hospital preparations, and discussed current challenges in preparation development as well as strategies for their development and translation.

(Zhang Jianmin, Director of the Department of Pharmacy, Capital Institute of Pediatrics)

Subsequently,Zi Mo, Co-founder and CEO of Xiaolu Medical ClinicHe delivered a presentation titled “Igniting New Vitality in TCM Services with Digital Technology,” analyzing the industry’s current progress from a cutting-edge perspective. He noted that the entire healthcare sector, particularly the number of online medical practitioners, is growing rapidly, with an increasing number of high-quality doctors participating in online TCM consultations.

(Zi Mo, Co-founder and CEO of Xiaolu Medical Clinic)

In the speech titled "How Can Traditional Chinese Medicine Break Through Its Bottlenecks? — Precision Quantification Ushers in a New Era of Intelligent TCM Medicine,"Qu Cunye, Chief Medical Officer of Zhenjing IntelligenceIt is believed that modernized diagnostic equipment for Traditional Chinese Medicine (TCM) is the key to breaking through the current impasse in the TCM industry. The crux of TCM modernization lies in the collection of objective TCM data and the standardized quantification based on such data. In practical applications, this approach can lower barriers to entry, enhance the level of application, empower the entire TCM industry, and thereby drive its advancement toward modernization.

In the course of achieving this, we look forward to collaborating with industry peers on further exploration and experimentation in the future.

(Qu Cunye, Chief Medical Officer of Zhenjing Intelligence)

Yuan Qilong, Executive Deputy General Manager of Anhui Xin'antang Health Management Co., Ltd.He delivered a presentation titled “Exploring the Inheritance, Innovation, and Development of Xin’an Medicine.” He stated that when discussing the inheritance and innovation of Traditional Chinese Medicine (TCM), it is essential to identify which core essences are truly worth preserving. Xin’an Medicine boasts an extensive collection of classical texts and literature, from which notable and effective prescriptions can be extracted.

(Yuan Qilong, Executive Deputy General Manager of Anhui Xin'antang Health Management Co., Ltd.)

Lastly,Roundtable Session, moderated by Wang Qing, CEO of TCM Online, Fan Jiping, President of Shandong Bianque Traditional Chinese Medicine Health Industry Group, Gong Yu, General Manager of Zhongyu Medicine, and Li Junyi, Founder and CEO of Zhenjing Intelligence, closely focused on““How Next-Generation Information Technology Comprehensively Empowers Traditional Chinese Medicine Health”Engaged in intellectual exchange and discussion, and envisioned the new landscape of the industry's future.

(Roundtable Discussion Session)

Here,"Traditional Chinese Medicine Health Innovation and Development Forum" Concludes Successfully.Attendees widely expressed that with the formal issuance of more policy documents on the development of Traditional Chinese Medicine (TCM) and the establishment of a sound top-level design, the TCM industry is poised to embrace greater opportunities. Moreover, TCM enterprises that align with these trends and pursue innovation will achieve sustained long-term growth.