New Policy by 24 Ministries Encourages R&D of Senior-Specific Foods

On November 9, the Ministry of Civil Affairs and 23 other departments jointly released the “Measures for Further Promoting Elderly Care Service Consumption and Enhancing the Quality of Life for Seniors,” outlining comprehensive plans for elderly service consumption. The measures emphasize the importance of promoting and applying products for seniors, including the encouragement of research … Read more

National Health Commission: 270 New Food Approvals Since the 14th Five-Year Plan

On November 14, the National Health Commission (NHC) held a press conference to discuss food safety and nutrition efforts supporting the Healthy China initiative. Since the start of the 14th Five-Year Plan, the NHC has processed 543 applications for “Three New Foods” and approved 270 of them, including 43 approvals this year alone. Notably, these … Read more

Aker BioMarine Attends China’s International Import Expo for 6th Year

Shanghai, China, November 9, 2024 — Aker BioMarine, a global leader in krill-based nutrition, continues to deepen its footprint in China, showcasing its commitment to the market with its sixth consecutive appearance at the China International Import Expo (CIIE). This year, the company signed nearly 30 strategic agreements with partners across the country, further advancing … Read more

Categories New

Douyin, Pinduoduo Rival China’s E-commerce Giants

Data Snapshot China’s e-commerce sector is undergoing a transformation, with emerging platforms such as Douyin and Pinduoduo rapidly outpacing traditional giants like Tmall and JD.com. While traditional platforms registered a modest growth of only 5% in gross merchandise value (GMV) in 2023, according to Oliver Wyman, emerging platforms surged ahead with a striking 30% growth. This … Read more

Fonterra Focuses on Innovation and Localization to Capture Growth in China

Fonterra is focusing on innovation, sustainability and a local presence to meet the evolving demands of Chinese consumers said its visiting executive at the CIIE. CEO Miles Hurrell said the company is aligning its products with China’s rapidly changing consumer preferences, including a commitment to localize products, boosting nutritional options for mid-aged and elderly consumers … Read more

Meituan Medicine Sees Over 100% Growth in Chronic Disease Medications and Health Supplements During “Double 11”

On November 1, Meituan Health disclosed that since the start of the “Double 11” shopping festival, sales of chronic disease medications, nutritional supplements, wellness foods, and personal care products have grown by more than 100% year-on-year. According to data from Meituan’s pharmacy delivery service during “Double 11,” items such as chondroitin calcium tablets, Hayao calcium-iron-zinc … Read more

Haleon China Increases Capital to RMB 1.951 Billion

Recently, Haleon (China) Co., Ltd. underwent a business registration change, raising its registered capital from RMB 270 million to RMB 1.951 billion (approximately USD 267.9 million), an increase of about 623%. The company is wholly owned by Haleon UK Services Limited. Established in August 2015, Haleon (China) Co., Ltd.’s business scope includes the sale of … Read more

Vitamin Industry Faces Another Wave of Price Hikes

As November begins, the vitamin industry is witnessing another surge in prices. According to data from Baiinfo, on November 6, NHU raised the domestic price of feed-grade Vitamin A500 by 30% effective immediately. For Vitamin D3, Garden Biotech increased its domestic price for feed-grade Vitamin D3 (500,000 IU/g) to RMB 400 per kilogram (approximately USD … Read more

Ausnutria Debuts Six New Products at CIIE

On November 6, at the 7th China International Import Expo (CIIE), Ausnutria showcased nearly 60 products across its six imported brands: Kabrita, Hyproca, Nutrition Care, Oz Farm, Amalthea, and CBM goat milk powder. Ausnutria also debuted six new products, including the Kabrita Yue Bai · Platinum Edition and the NC Nasal Comfort Probiotic (upgraded version). … Read more