Tag Archives: joint-venure

China’s Skin Care Market

In China’s skin care market, the competition among home-made, joint-ventured and imported products is getting increasingly fierce. Foreign and joint venture brands mainly dominate in the top grade market, where there are small profits and a quick turnover. Currently there are over 1300 skin care products in Chinese market. Skin care sales account for 26-35 [...]

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Tongrentang Drugstore

Once Chinese traditional medicines are mentioned, Tongrentang is a household name both in China and all over the world. Surely, Tongrentang has created a splendid history over past 300 years.  The founder of Tongrentang was Le Xianyang, who originally came from Ningbo, Zhejiang Province and moved to Beijing during Yongle reign of the Ming Dynasty [...]

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