BEIJING--(BUSINESS WIRE)--Due to its rapid economic growth in recent years and its vast population, China has become a global leader in B2C cross-border e-commerce. According to China E-commerce Research Center, China's total cross-border e-commerce reached 4.2 trillion yuan (US$657 billion) in 2014, and will rise to 5.5 trillion in 2015. Such an enormous potential for development has piqued the curiosity of world-class nutritional supplement brands from Europe and around the world.
On October 9th, Beijing Tongrentang Group, China’s most well-established healthcare company with 346 years of history and over $3 billion revenue in 2014, announced the establishment of Tongrentang International (TRT International, en.trthi.com), the first Chinese online company focused on the vertical integration of global health. At the same time, TRT International’s e-commerce portal for healthcare products, “Tian Ran Tao” (www.TRT.hk), was formally launched.
At the launching ceremony in Beijing, the company announced over 40 international brands, comprising nearly 700 different nutritional supplement products that are available for online purchase. All of these products, regardless of whether they are produced in North America, Europe, or Asia-Pacific regions, are directly shipped to TRT International’s duty-free bonded warehouse in Hangzhou China, and delivered to consumers across the country. The company has a plan to carry over 1000 health products by the end of 2015.
Beijing Tongrentang Group was established in 1669 (the eighth year of Emperor Kangxi’s reign). It began offering medical services to the Qing Imperial Palace’s royal dispensary in 1723, and served the emperors of eight successive dynasties over a period of 188 years. Beijing Tongrentang Group possesses a total of six sub-group companies including three publicly traded companies listed in Shanghai and Hong Kong, all of which are involved in healthcare management and the modern pharmaceutical industry.
TRT International is an online company in Beijing China focused on the integration of global health. Charged with the task of "effectively and efficiently integrating global health resources to provide high-quality professional products and services for consumers across the globe," TRT is firmly committed to improving global healthcare, constantly striving for innovation, and promoting the well-being of people throughout the world.