Guangzhou Pharmaceutical Group: Establishing A Presence in Macao’s Traditional Chinese Medicine Industry

In November 2019, Guangzhou Pharmaceutical Group (Macau) International Development Co. Ltd. was officially established in Macao. Against the backdrop of strong government support for the traditional Chinese medicine industry, Guangzhou Pharmaceutical Group chose to set up its international headquarters in Macao and root itself in Hengqin, fully leveraging Hengqin's traditional Chinese medicine industrial park and the experiences from the "Belt and Road" initiative to embrace new opportunities for the internationalisation of the traditional Chinese medicine industry.

Deputy General Manager Huang Ying
Innovative Collaboration Marks a New Chapter
Guangzhou Pharmaceutical Group is committed to innovation and collaboration in the traditional Chinese medicine industry, introducing compound Ban Lan Gen granules and launching a low-sugar version suitable for the Macao market, while enriching the product line.


Diversified Product Line Layout


Currently, Guangzhou Pharmaceutical Group has two main product lines: food and medicine. In terms of food, they have introduced products such as lingzhi spore powder and spore oil, and collaborated with the Macua Chinese Medical Association to develop lung-nourishing and kidney-tonifying capsules. In the pharmaceutical sector, they have launched products like bezoar detoxicating tablet and peaceful palace bovine bezoar pill. This showcases the group’s diversified development strategy.

IPIM Building Bridges
With the support of IPIM, Guangzhou Pharmaceutical Group quickly completed the necessary procedures to establish itself in Macao and start promotional activities at IPIM’s Macao Ideas. Their products are now available in major local pharmacies and large department stores for offline sales, contributing to the long-term development of Macao's traditional Chinese medicine industry.

Photos in this article are provided by Guangzhou Pharmaceutical Group (Macau) International Development Co. Ltd.
Disclaimer: The views expressed by the interviewee during the interview are their personal opinions and do not represent the position of the Commerce and Investment Promotion Institute (IPIM). IPIM does not assume responsibility for the accuracy, completeness, or timeliness of the interviewee's statements. IPIM is exempt from legal and litigation liabilities for any losses resulting from the aforementioned content. Any products, services, or brands mentioned in this article should not be understood as endorsements or approvals by IPIM.
Contact Guangzhou Pharmaceutical Group (Macau) International Development Co. Ltd.
If you are interested in discussing co-operation with the above-mentioned company, please contact the staff of “Macao Ideas” during office hours.
Tel.:
Ms Wong +853 8798 9766
Ms Chong +853 8798 9739
Email:
debbywong@ipim.gov.mo
elizachong@ipim.gov.mo