With Chinese household incomes and health awareness increasing, Chinese consumer demand for health and wellness products is steadily growing. The understanding that health and wellness products can promote a healthier lifestyle has expanded from first-tier cities to lower-tier cities where people are becoming more affluent,...

According to an official statement released by Ministry of Finance on November 24, China plans to reduce tariff on 187 consumer goods, including cosmetics, apparel, health supplements, food, and pharmaceuticals. The new policy will go into effect on December 1. The average tax rate will drop to...