Chinese are buying online health products The Internet has taken a prominent place in the daily life of hundreds of millions of Chinese people who buy abundantly online and from their mobiles. The Chinese are converting more and more to the Internet to manage their health. Only OTC (non-prescription drugs) are sold on the web, …
With Covid-19 the Online Pharmacy Market in China is Booming Read More »
The white skin booming trend isn’t only about being Western. In Asia, there is a deeply rooted cultural notion that associates dark skin with poverty and working in the fields, whereas pale skin reflects a more comfortable life out of the sun and, therefore, a higher socioeconomic status. In Chinese culture, women prefer lighter skin …
Skin Whitening Cosmetic Products are Still Trendy in China Read More »
China is the world’s biggest and fastest growing market for cosmetics and it’s continuing to grow. However, animal testing is required for imported cosmetics products. Recently, China is reducing the requirements for animal testing for cosmetics and is working on establishing alternative methods and verification institutions. There have been several updates that show it is …
China’s healthcare industry is growing at a rapid pace. According to a report published by McKinsey & Co, the country’s healthcare market is tipped to grow at an unprecedented CAGR of around 12% which will surge to $1 trillion by 2020, while in 2011 the sector was valued at $357 billion. Moreover, in 2017, China’s …
Healthcare in China, a $1 trillion-Sized Market – Update 2020 Read More »
By 2020, China’s healthcare spending is expected to account for 6.5 to 7 percent of its total GDP, which is around US$1 trillion. Reform of the healthcare market in China Although the overall health of the population has improved in China since the 1980s, there has been a widening gap in access to health care …
