China’s E-Yuan Trade Push in Guangxi Brings Digital Currency Closer to Asean Settlements

Use of China’s central bank digital currency, also known as the e-CNY, continues to expand, and the latest move could help internationalize the yuan Advancing the e-yuan’s use abroad could help China bypass Western sanctions like those imposed on Russia, while undercutting the US dollar’s global dominance in trade A southern Chinese region has pledged … Read more

NHT Global Launched Mother’s Day Nutrient Package

On Mother’s Day, May 14th, NHT Global specially prepared a gift package to help mothers take care of their health, including skincare probiotic ampoule, dietary supplement omega-3 fatty acids, and biotic trio. The Probiotic Ampoule contains three probiotics, six prebiotics, and five plant extracts, which can quickly supplement the skin’s required nutrients and help maintain … Read more

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iHeTanG and SGS Reached a Deep Strategic Cooperation

Recently, iHeTanG, a company that has been deeply involved in the healthcare industry for over 20 years, successfully held a strategic cooperation signing ceremony with international testing institution SGS at its headquarters. In the future, the two sides will carry out in-depth strategic cooperation in the testing of nutrition and food additives, to jointly defend … Read more

DSM China Merged with Firmenich

On May 9th, DSM China announced that DSM-Firmenich has completed its merger. On May 31, 2022, Dutch chemical manufacturer DSM and Swiss flavor and fragrance supplier Firmenich announced a merger agreement to establish a new partnership in areas such as nutrition, beauty, and health. According to the official website, DSM-Firmenich will include businesses in perfumes, … Read more

Tmall Health: High Demand for Refined and High-Quality Products

Tmall Health’s statistics show that, in the past year, Tmall Health’s annual purchasing users reached nearly 300 million, with an average annual purchasing frequency of more than 5 times, achieving a transaction scale of RMB hundreds of billions of yuan (over USD $15 billion). There were 25 categories with a scale of RMB billions of … Read more

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The AI Takeover in China: 9 Incredible Case Studies in E-commerce and Social Media

China has been heavily focused on improving inefficiencies, leading to intense competition on even the smallest things. This phenomenon, known as neijuan (内卷) in Chinese, has been further intensified with the introduction of AI in the industry. Here are some AI use cases in China’s social media and e-commerce space. NetEase uses AI for creating … Read more

How China’s Creator Economy is Evolving

Mention the creator economy and many will immediately think of China. The wave of new money in that market has given rise to aspirations for a more affluent lifestyle, spurring entrepreneurism and driving a boom in the creator economy market. Unlike in the West, where the creator economy has only recently taken off, Chinese consumers … Read more

Nankai University M-Action Joint Laboratory for Nutrition Research

Based on in-depth insights into the needs of China’s sports and fitness population, in February of this year, Mengniu officially announced its entry into the professional sports nutrition field, launching a high-end professional brand named “M-Action”. On May 5th, M-Action signed an official contract with the Public Health and Health Research Institute of Nankai University. … Read more