The import tariff applicable to items either carried by individuals arriving in China or posted to a named individual on the mainland from an overseas location is to be revised as of 1 November this year. More
According to the World Bank, China is the second-largest economy in the world, behind the United States, ahead of Japan. According to UNCTAD World Investment Report, China became the second-largest recipients of FDI inflows (USD 136 billion) in the world in 2017 (up from the 6th in 2007), behind the United States (USD 275 billion). More
As income increased, mainland consumers demanded for better quality beauty services. A series of focus group discussions conducted by HKTDC discovered marked changes in the consumption habits of middle-class consumers. Consumers have less sense of attachment to beauticians. Proximity has become a crucial factor when choosing a beauty salon. There is rising demand for treatments using advanced equipment. Chain beauty groups are now the mainstream. More
The Guangdong Provincial Food and Drug Administration has announced that Class II medical devices conforming to any of the following requirements will qualify for priority approval when applying for first-time registration... More
The Guangdong Provincial Food and Drug Administration recently announced that, with immediate effect, non-special-use cosmetics entering the country via the Shenzhen Qianhai-Shekou Area of the Guangdong Pilot Free Trade Zone for the first time only need to file the relevant records and no longer require prior administrative approval. More
In a series of focus group discussions commissioned by HKTDC, a number of significant changes to consumer attitudes were detected with regards to the beauty services market. Critically, beauty is no longer seen as purely related to facial appearance, instead it now extends to the whole body. Additionally, micro-cosmetic surgery now excites particular interest, while male-oriented beauty services are now considered almost the norm.
A total of 99 “mandatory” or “recommended” industry standards relating to medical devices are to be adopted or updated before the end of the year, according to a recently issued circular on the part of the China Drug Administration (CDA). More