UNDATED (WSAU-WRN) Wisconsin ginseng groups sign a deal with a Chinese medicine company.
Governor Scott Walker is in China, where officials sign a ten-year trade agreement between the Ginseng Board of Wisconsin and Tong Ren Tang (TRT) Health Pharmaceutical totaling more than 200 million dollars in sales.
Wisconsin is America's leading producer of ginseng, with the majority of the medicinal root grown in Marathon County. The governor is cultivating business opportunities for agriculture, manufacturing, and other Wisconsin products. In 2000, trade between Wisconsin and China exceeded $177-million. Trade has increased tremendously over the past decade.
Established nearly 350 years ago, TRT is one of the oldest and widely recognized brand names in China. The president of the Chinese pharmaceutical company had said, "Wisconsin-grown ginseng is the best in the world" for tea, capsules, cosmetics and other dietary supplements. The relationship between TRT and the Ginseng Board of Wisconsin and Ginseng & Herb Coop started in 2009, under the Doyle Administration.
The Ginseng Board of Wisconsin brand is registered in several Asian countries, including China, Japan, Taiwan, Singapore, Malaysia and Hong Kong.