General Administration of Customs: Public Consultation on the Disposal of Cross-Border E-Commerce Bonded Imported Goods

On December 3, the General Administration of Customs initiated a public consultation regarding the disposal of unsold inventory under the cross-border e-commerce bonded trade model (customs supervision code 1210). The drafted “Announcement on Clarifying Matters Related to Cross-Border E-Commerce” aims to improve the accuracy of customs statistics, simplify declaration procedures for product destruction or return … Read more

Feedback on the Public Consultation of “Dosage Forms and Technical Requirements for Health Food Filing

On December 2, the State Administration for Market Regulation (SAMR) released feedback regarding the public consultation for the draft versions of these two documents. A total of 49 emails were received, comprising 191 suggestions. Among these, 50 suggestions were fully adopted, 128 partially adopted, and 13 are pending further research and resolution. The Special Food … Read more

All G Secures China Approval to Sell Synthetic Lactoferrin

Sydney-based biotech All G has achieved a world-first in gaining access to the potentially lucrative Chinese market for its synthetic but bioidentical bovine lactoferrin, produced in bioreactors to replicate an immune-bolstering protein that exists in small doses in milk but is abundant in human breast milk. All G claims the regulatory approval breakthrough cements its position … Read more

New Launch: Prof. Slow Sugar-Control Black Sesame Walnut Powder

On November 25, Prof. Slow announced the release of its new Sugar-Control Black Sesame Walnut Powder. Specifically designed for individuals managing blood sugar levels, the product includes nine low-glycemic black ingredients: black sesame, black rice, black beans, black quinoa, chia seeds, mulberries, tartary buckwheat, black oats, and black fungus. Notably, these nine components constitute more … Read more

Explosive Growth in Tmall Global’s Weight Management Products During Double 11

At the 2024 Tmall Global Pharmaceutical & Health Industry Ecosystem Cooperation Conference held on November 21, Tmall Global reported a significant surge in its health sector during the Double 11 shopping festival. The total GMV and orders achieved double-digit year-over-year growth. Weight management products saw over 200% growth, with categories like calcium-magnesium-zinc supplements, vitamins, and … Read more

Meihua Bio Plans Acquisition of Kyowa Hakko Bio’s Key Assets

On November 22, Meihua Bio announced that its wholly-owned subsidiary in Singapore intends to acquire key assets from Kyowa Hakko Bio Co., Ltd., a subsidiary of Kirin Holdings Company, Limited, for 10.5 billion yen (approximately 68.8 million USD). The acquisition includes food-grade amino acids, pharmaceutical-grade amino acids, and human milk oligosaccharides (HMO) businesses. Post-acquisition, Meihua … Read more

New Product Launch: KGC Red Ginseng and Saffron-Flavored Beverage

Korean Ginseng Corporation (KGC) recently announced the launch of a new beverage tailored for women’s health. This product features high-quality KGC red ginseng, complemented by saffron extract, dandelion concentrate, collagen peptides, and sodium hyaluronate. It offers a scientifically balanced formula for holistic nourishment of the body and mind. (Source: KGC Official WeChat) Sign Up to … Read more

Health Supplements for Hangover Relief by Sirio Pharma

On November 26, Sirio Pharma unveiled a new probiotic blend containing probiotics, prebiotics, and plant extracts. The innovative product’s study was published in the reputable journal Functional Foods in Health and Disease. The following formula was used in the study; A mixture of probiotics (including Lacticaseibacillus rhamnosus, Lacticaseibacillus casei, Lactobacillus acidophilus, Bifidobacterium animalis, and Pediococcus … Read more