HPAchina user In accordance with the joint announcement titled “Catalog of Health Food Raw Materials for Ginseng and Other Ingredients” (2023 No. 57) issued by the State Administration for Market Regulation, the National Health Commission, and the National Administration of Traditional Chinese Medicine, the Heilongjiang Provincial Administration has decided, after thorough research, that health food products using … Read more
On September 19, Chinese sports nutrition company “Competitor” also known as CPT (康比特) signed a strategic cooperation agreement with global dairy producer Hilmar. As one of the world’s largest manufacturers of cheese and whey protein, Hilmar supplies 6% of the global whey raw material market. Hilmar’s CEO, David Ahlem, stated, “Hilmar will engage in resource … Read more
After over four years in the Chinese market, Czech sports nutrition company Amix has a major goal at this year’s China International Import Expo (CIIE) in Shanghai: to expand its reach within the growing Chinese market. “We are pleased to participate in this fair this year. Since we already have an established business, we think … Read more
Much like many medicinal plants, components within Angelica Acutiloba are known to reduce or alleviate inflammation. Now this herb which has been used in traditional Chinese medicine to help promote blood circulation, menstruation regulation, and intestinal lubrication may be the new kid on the block entering the anti-aging arena, after one of its extracts, ligustilide, … Read more
Canadian companies are hoping to appeal to Chinese consumers’ growing interest in natural health products at the upcoming China International Import Expo, to be held in Shanghai from Nov 5-10. Nearly 100 Canadian companies will participate in the expo. Jeannie Cheng, chair of the Canada International Trade Promotion Society, said seven companies from British Columbia … Read more
The Chinese market is becoming a must for any foreign B2B company’s long-term growth vision. According to 2023 data from Statista, B2B eCommerce transaction volume in China grew at a CAGR of 8%, reaching 33.89 trillion yuan (US $4,758 billion), and is expected to continue its growth trajectory. As international firms continue to expand into … Read more
On October 29, the sports nutrition brand CPT released its third-quarter report for 2024. The company achieved revenue of RMB 774 million (about USD 106.2 million) in the first three quarters, representing a 29.84% year-on-year increase, and net profit of RMB 66 million (about USD 9 million), a 2.06% year-on-year increase. In the third quarter … Read more
On the evening of October 27, Kingdomway (002626) released its third-quarter performance report, showing revenue of approximately RMB 2.343 billion (about USD 321 million) for the first three quarters of 2024, an increase of 0.95% year-on-year. Net profit was around RMB 221 million (about USD 30.3 million), down 9.35% year-on-year. In the third quarter alone, … Read more
On October 29, the State Administration for Market Regulation (SAMR) issued a “Notice on Public Comments for 107 Proposed National Standard Projects, Including ‘Health Food Raw Materials – Probiotics’.” The notice states that the national standard project for “Health Food Raw Materials – Probiotics” will be overseen by TC466 (National Technical Committee on Special Food … Read more
Chinese companies took the limelight at Supply Side West, North America’s leading dietary supplement expo, which convenes in the U.S. city of Las Vegas, showcasing a variety of health and nutrition ingredients and products, as well as their science and tech innovations. More than 400 Chinese companies are on the show floor at the Mandalay … Read more
