The made for China in cosmetics
In recent years, Chinese people have often been talking about foreign cosmetics that have completely taken over the market. Now, it’s no longer true. Chinese Cosmetics brands are on the rise and they definitely have their say about the future of the Chinese cosmetics product market.
Made in China is out of trend, Made for China coming soon in China
For Chinese brands to really take over the market they would need to change the cliché of made in China into made for China, just like Chinese Fashion brands would like to achieve. At a time where quality is preferred over quantity, where wages in China are on the rise, going qualitative for local Chinese beauty brands is definitely the way here.
read more at http://blog.chinadaily.com.cn/
Retail sales in China from 2009 to 2016 (in billion U.S. dollar)
This graph gives an overview over the development of retail sales in China from 2009 to 2012, with a forecast until 2016. In 2011, the total retail sales volume in China amounted to approximately two trillion yuan.