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WASHINGTON Cheap Stephen Hauschka Jersey , Sept. 3 (Xinhua) -- Tasly Holding Group, a leading pharmaceutical company in China, officially launched its North American operations in the state of Maryland Wednesday as part of its "go-out" efforts to further expand its business of traditional Chinese medicine overseas.

 

The company, which celebrated its 20th anniversary in May, held a ribbon-cutting ceremony at its office in Rockville Cheap Micah Hyde Jersey , Maryland, to mark the official launch of Tasly Pharmaceuticals as its North American headquarters, with about 150 guests from the Maryland state government and biotechnology and pharmaceutical companies in attendance.

 

"Tasly has comprehensively implemented the strategy of internationalization," Xijun Yan, chairman of Tasly Cheap Jeremy Kerley Jersey , said at the ceremony. "Establishment of Tasly Pharmaceutials is one of the most important strategies that we take. We have positioned Tasly Pharmaceuticals as our overseas headquarters, with the full support provided by Tasly Group."

 

He said Tasly's products and services cover biopharmaceutical drugs, healthcare products, medical rehabilitation and health management, with a total revenue of 4 billion U.S. dollars in 2013.

 

"I strongly believe that our natural products will contribute to reducing the Medicare cost and effectively resolving certain healthcare-related issues of the U.S. healthcare system Cheap Phillip Gaines Jersey ," Yan said.

 

"China has been the leader in healing for thousands of years" and Tasly's traditional Chinese medicine "is opening up a whole new chapter of Maryland's life sciences community," said Dominick Murray, Maryland's Business and Economic Development Secretary, adding that they are "excited" to have the new Chinese investment in the state, which is home to more than 500 bioscience companies.

 

Tasly's products have been approved by national health regulatory authorities in at least 34 countries.

 

Its Fufang Danshen dripping pill Cheap Star Lotulelei Jersey , a multi-herb-based treatment for stable angina pectoris, the medical term for chest pain or discomfort, is now in a phase three clinical trial in the U.S. and several other countries.

 

The company said it expected the pill to be the first ever multi-herb-based and chemical-free pharmaceutical product approved by the U.S. Food and Drug Administration.

 

Tasly also plans to launch Deepure, a line of nutraceuticals that are gluten-free and made without preservatives, artificial colors Cheap Matt Milano Jersey , flavors, sweeteners or gelatin, in the U.S. this fall.

 

MANILA, Aug. 28 (Xinhua) -- Philippine economy grew by 6.4 percent in the second quarter on the back of the strong performance of the industry and services sectors during the period, the local statistics agency said Thursday.

 

The Philippine Statistics Authority (PSA) said in a press briefing that the industry sector expanded by 7.8 percent while the services sector rose by 6 percent in the April to June period.

 

PSA said the performance of the agriculture sector also pulled up the country's gross domestic product (GDP) in the second quarter. The sector rebounded to 3.6 percent from a decline of 0.2 percent in the same period last year.

 

Data from PSA showed that the growth of the services sector in the second quarter was lower than the 7.8 percent increase registered a year ago and the 6.8 percent recorded in the first quarter.

 

The industry sector's growth in the April to June period was also lower than the previous year's hike of 10.5 percent but higher than the 5.3 percent posted in the first quarter of 2014. The sector's performance was boosted by manufacturing which grew by 10.8 percent in the second quarter.

 

PSA said GDP growth in the April to June period was slower than the 7.9 percent recorded in the second quarter of 2013. Economic growth in the second quarter Cheap Rafael Bush Jersey , however, was better than the 5.6 percent posted in the first quarter.

 

For the first semester of 2014, GDP growth averaged 6 percent, lower than the 7.8 percent posted in the same period last year.

 

With the country's projected population reaching 99.7 million, PSA said per capita GDP growth slowed to 4.6 percent in the second quarter from 6 percent a year ago.

 

The Philippine government is targeting to grow GDP by 6.5 to 7. 5 percent this year. The National Economic and Development Authority said the Philippines remains on track to achieving this target.

 

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