Innovation key driver in China’s rapidly growing skincare market


A visitor (left) browses cosmetics during the 67th China International Beauty Expo at the National Exhibition and Convention Center in Shanghai on June 25. [Photo provided to China Daily]

Beijing: Huaxizi, also known as Florasis, a Chinese beauty brand with cultural and aesthetic attributes, first introduced the company’s skincare line in September, a move driven by growing demand for related products from consumers.

Last year, the transaction value of China’s skincare market exceeded 420 billion yuan or about US$59bil.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
China , cosmetics , innovation , skincare , retail

Next In Business News

European stocks clinch best year since 2021�
Xi promises more proactive macro policies
Crest aims to ride semiconductor momentum
Gold futures end 2025 easier, in sync with Comex�
Berjaya Assets appoints Vincent Tan’s son-in-law as new CEO
Washington approves TSMC chip shipments to China
Oyo Hotels’ parent files confidential IPO in India
Dollar posts worst year since 2017�
Beijing buys two-thirds of pledged US soybeans
China AI chip firm Biren raises US$717mil in Hong Kong IPO

Others Also Read