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Background According to the requirements in the Food Safety Law of China, the new food raw materials and additives used for food production should pass the safety assessment of the National Health Commission (NHC). In recent years, with the support of favorable policies, enterprises have made many innovations, which promote the emergence of various new … Read more

More than three years after China’s central bank started digital currency trials, adoption in one of the initial test beds, Suzhou, remains lethargic Suzhou data show that 130 million yuan in e-CNY were used to settle various utility bills and charges for livelihood services in 2022 When the People’s Bank of China (PBOC) launched pilot trials for … Read more

On January 16th, 2023, the Information Office of the State Council of China held a press conference where CNIPA officials introduced the work related to intellectual property conducted in 2022 and answered questions from reporters. The following are four key points discussed at the press conference:    1) Main data on patents and trademarks: 798,000 … Read more

Recently, Hyalur, a subsidiary of Bloomage BioTech, announced the new product preview of “CCFM Collagen Peptide Drink”. It is reported that the added new ingredient “Lactobacillus paracasei CCFM1157” is exclusively researched and developed by Bloomage BioTech, and has applied for the national patent certificate. According to the preview, the fermentation solution of CCFM1157 can achieve … Read more

This is a joint press release by Koninklijke DSM N.V. (DSM), Firmenich International SA (Firmenich) and Danube AG, to be renamed DSM-Firmenich AG (the Company) in connection with the voluntary public exchange offer by the Company for all the issued and outstanding ordinary shares in the share capital of DSM (each such share, a DSM … Read more

After a two-year transition period, on February 22, the “New National Standards” for infant formula were officially implemented. Known as the “strictest ever standards” in the industry, the new national standards have revised and supplemented the minimum and maximum limits of nutrient content in infant formula. According to the requirements, infant formulas produced after Feb. … Read more

Recently, several offshore direct-selling companies have disclosed their revenues. In the fiscal year 2022, Herbalife gained net sales of RMB 2.7 billion yuan (USD $391 million) in China, down 37.9% year-on-year. Nu Skin gained net sales of RMB 2.5 billion yuan (USD $360 million) in China, down 37% year-over-year, which was the largest decline among … Read more

The size of Chinese food for special medical purposes industry has increased from RMB 2.59 billion yuan (USD $370 million) in 2016 to RMB 10.01 billion yuan (USD $1.44 billion) in 2021, with an expansion of about four times. Recently, two Ausnutria food for special medical purposes, “Kangsude Zhenshan” and “Kangsude Shushan”, have officially received … Read more

The International Probiotics Association (IPA) announces a major expansion of its scope to include the “biotics” categories of prebiotics, postbiotics, and synbiotics within the human, infant, and companion animal segments of food and dietary supplements. The IPA Board of Directors voted to expand the association’s scope to complement its historical focus on probiotics. The expansion … Read more