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China State Administration of Traditional Chinese Medicine Finalizes Restructuring Plan

This article was originally published in PharmAsia News

Executive Summary

China's State Administration of Traditional Chinese Medicine has received approval from the State Council for a plan to restructure its organization and personnel. SATCM will remain a state bureau directly under the Ministry of Health, taking charge of the promotion of TCM, as well as cultivating talent; however, some of its power of administrative approval will be revoked, in line with a previous announcement by the State Council, or cabinet. In addition to SATCM's existing six departments, there will be a new division of planning and finance, with responsibility for medium- and long-term TCM development planning, industry policy formulation, bureau budget, accounting, financing and asset management, key project management, and the general survey, protection and development of TCM resources. (Click here for more - Chinese Language)
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