Traditional Culture Encyclopedia - Traditional customs - Does the Institute of Traditional Chinese Medicine make money?
Does the Institute of Traditional Chinese Medicine make money?
Make money. According to the relevant information of the Institute of Traditional Chinese Medicine, the nature of the Institute is a sole proprietorship enterprise of the Market Supervision Administration, which is very profitable. Chinese Academy of Traditional Chinese Medicine was founded in 1955, formerly known as the Institute of Traditional Chinese Medicine of the former Ministry of Health. 197 1 merged with Beijing College of Traditional Chinese Medicine and changed its name to China Academy of Traditional Chinese Medicine. When it celebrated its 50th anniversary in February 2005, it was renamed China Academy of Traditional Chinese Medicine.
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