Research and Development
Major service
5 major areas of government funding
Corporate Finance Advisory
Chinese Medicine Development Fund
A $500-million Chinese Medicine Development Fund (Fund) was launched in June 2019 to promote the development of the Chinese medicine sector and Chinese medicine drug industry, and to enhance the overall standard of the industry. The Fund is managed by the Chinese Medicine Unit of the Food and Health Bureau, with the Hong Kong Productivity Council serving as the implementation partner.
Chinese medicine promotion activities
Improve the overall level of the industry
Traditional Chinese Medicine Industry Training
Optimization of production quality management system for Chinese patent medicine
For more details about the Chinese Medicine Development Fund Scheme, please visit the Chinese Medicine Department or contact us
Scope of funding
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Enterprise Support Programme is one of the main areas of the Chinese Medicine Development Fund. This programme mainly offers matching fund to practitioners and institutions to facilitate the development of Chinese Medicine Industry in Hong Kong. Enterprise Support Programme is sub-divided into four projects, including 'Chinese Medicine Personal Training and Chinese Medicine Clinic Improvement Funding Scheme', 'Proprietary Chinese Medicine Quality and Manufacturing System Enhancement Funding Scheme', 'Proprietary Chinese Medicine Registration Supporting Scheme' and 'Chinese Medicine Warehouse Management, Logistics and Services Improvement Funding Scheme'.
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Industry Support Programme is one of the main areas of the Chinese Medicine Development Fund. This programme is trade-specific in nature to facilitate the development of Chinese medicine industry in Hong Kong. Industry Support Programme is sub-divided into two projects, including the "Chinese Medicine Industry Training Funding Scheme & Chinese Medicine Promotion Funding Scheme" and the "Chinese Medicine Applied Studies and Research Funding Scheme".
