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Table 2 SWOT analysis in traditional Chinese medicine internationalization

From: SWOT analysis and revelation in traditional Chinese medicine internationalization

Subjects

Criteria description

Strength

TCM in theory and in treating diseases

International demand for TCM

Natural medicine resources

The scale and power of TCM enterprises

Weakness

Cultural diversity

Quality control of TCM

Difficulty in identification of active principle from TCM composition

Limited research input into TCM and challenge for technological innovation

Opportunity

Continuous improvement of attention to TCM by the international community

Opportunity for economic globalization

Chinese government policy support

Continuous recognition of the advantages of TCM

Threat

Differences between Chinese and Western cultures

Dual risks in Chinese and foreign markets

Limitation of technical trade barriers

Challenges in intellectual property related to TCM