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Strategies & Market Trends : China Warehouse- More Than Crockery -- Ignore unavailable to you. Want to Upgrade?

To: RealMuLan who wrote (1270)	11/6/2003 8:02:17 PM
From: RealMuLan	Read Replies (1) \| Respond to of 6370

Cosmetic sales on the rise in China -------------------------------------------------------------------------------- Shanghai Daily news China has become the world's eighth-largest and Asia's second- largest market for cosmetics, according to the China Association of Fragrance Flavor and Cosmetics Industry. The United States is still the world's largest market, followed by Japan. Last year, cosmetics worth 46 billion yuan (US$5.5 billion) were sold in the world's most populous market, according to the association. "However, considering China's huge population, the market is far less tapped compared with Japan and other European countries," said association Chairman Zhang Dianyi. "The China market has been growing by about 25 percent every year over the past ten years and the trend is going to continue," Zhang said. english.eastday.com