China Agenda -> Market Overview -> Market Status

Market status

China has witnessed each phase of the development of the health care industry, including starting up, emerging, flourishing, inflating and leveling off.

The first phases, from 1949 to 1979, were based on the market of tonic and invigoration, and Chinese traditional medicine took a great share of these.

From 1980-1985, the second phase of the healthcare industry started with oral liqid, vitamins and royal jelly as the major market share.

From 1986-1990, the healthcare industry went through a great development phase, with new brands and products emerging into market, and salesrising sharply.

From 1991-1995, the market experienced a time of disorder, due to rapid increase in health products and technical enhancement, but with entry of some illegal enterprises and difficulties for people to identify whether the products were genuine.

Up to 1996, China’s healthcare the market.

Several regulations and rules have been published by related regulatory departments.

More of the overseas enterprises are seeking the opportunity of development in the mainland of China. 

With the increased awareness of health, China’s health products market has received unprecedented development in the last four to five years. According to statistics, the market capability has reached RMB 50 billion (about US$ 625 Million), and will reach RMB 100 billion (about 12.5 Billion) by some forecasters.