 HANGZHOU, China, June 24, 2019 PRNewswire -- China Jo-Jo Drugstores, Inc. CJJD Jo-Jo Drugstores or the Company, a leading online and offline retailer and wholesale distributor of pharmaceutical and other healthcare products and a healthcare provider in China, announced today that the Company has entered into a strategic cooperation framework agreement the Agreement with the Zhejiang Medical Insurance Bureau the MIB in June 2019. By entering into the Agreement, the Company joins the first batch of third-party distribution service partners of the government officially undertaking the provincial medical insurance project. As a designated delivery service agent for the provincial medical insurance project, the Company expects to improve its negotiation position for drug procurement, expand its retail pharmacy coverage, and highlight its corporate brand and influence, providing a strong foundation for the rapid expansion of the Companys franchising operations. 