Research on the development status and suggestions of traditional Chinese medicine service trade in the United Arab Emirates

The United Arab Emirates (UAE) is an important partner in China's The Belt and Road initiative. It has a broad prospect of pharmaceutical market which is an important market for traditional Chinese medicine (TCM)’s development. TCM has existed in UAE’s market in a short time, so TCM service trade in UAE has the shortcomings of small scale of the consumption and a large number of unprofessional practitioners. But it also has advantages of the good traditional medicine’s inter-communion between two countries and the university jointly organization of building hospitals of TCM. This article analysizes the market opportunities and potential risks traditional Chinese medicine in UAE’s market, and puts forward to remote technical power development, medical tourism to stimulate consumption abroad, strengthens the cultural and research communication, sets up guidance department to accelerate the development process of Chinese medicine. Key words: International cooperation; Traditional Chinese medicine; Service trade; The United Arab Emirates; Medical tourism; History of medical exchange between China and foreign countries