Core Viewpoint - The rise of traditional Chinese medicine (TCM) integrated into food and beverage products reflects a growing health consciousness among young consumers, but it raises questions about the balance between innovation and traditional practices, as well as the need for regulatory oversight [3][4][6]. Group 1: Market Trends - The trend of "everything can be paired with TCM" has gained popularity, especially among young consumers, with products like TCM milk tea and herbal pastries becoming mainstream [4][5]. - A report indicates that the "post-90s" generation is the main force behind "light health management," with health and wellness ranking third in consumption preferences among young people aged 18 to 35 [5][6]. - The integration of TCM into modern dining experiences, such as TCM-themed restaurants and pre-packaged health products, is on the rise, indicating a shift in consumer preferences towards TCM [5][6]. Group 2: Regulatory and Safety Concerns - There are concerns regarding the safety and efficacy of TCM ingredients in food products, with some businesses reportedly adding non-compliant ingredients to enhance perceived health benefits [7][9]. - The National Health Commission has established a directory of 106 substances that can be used as both food and TCM, emphasizing the need for compliance with these regulations [7][10]. - Experts highlight the lack of targeted industry management and quality control standards, making it difficult for consumers to assess the safety and effectiveness of TCM food products [10][11]. Group 3: Recommendations for Industry Development - Industry experts call for improved standards and regulations to ensure the safety and efficacy of TCM food products, including clear labeling of ingredients and potential side effects [11][12]. - There is a need for a comprehensive regulatory framework that addresses the unique challenges posed by TCM in the food industry, including the establishment of clear guidelines for ingredient sourcing and product labeling [11][12]. - Both producers and consumers should possess a certain level of knowledge about TCM to ensure safe consumption and effective product development [12].

Group 1 - The core viewpoint of the articles highlights the rising popularity and market performance of traditional Chinese medicine (TCM) and related ETFs, driven by increasing health awareness among consumers and supportive government policies [1][2]. - The 中证中药指数 (CSI TCM Index) has shown a positive trend, with a 0.77% increase as of May 21, 2025, and significant growth in its constituent stocks, such as 红日药业 (Hongri Pharmaceutical) up by 6.41% [1]. - The 中药ETF (TCM ETF) has also performed well, with a 0.92% increase and a cumulative rise of 4.44% since May, indicating strong investor interest and market engagement [1]. Group 2 - The report from 国泰君安 (Guotai Junan) emphasizes that strong policy support is expected to drive high-quality development in the TCM sector, benefiting leading companies with resources, technology, and brand advantages [2]. - The CSI TCM Index includes major TCM companies, with the top ten stocks accounting for 55.71% of the index, indicating a concentrated market structure [2].