With the product output continues to expand, China Cosmetics industry enjoys a rapid development in the year of 2008, the national industrial policy encourages Cosmetics industry to develop towards the direction of hi-tech products, at the same time, domestic investment has gradually been increased. As investors pay more and more attention on Cosmetics industry, the market demand for researches on Cosmetics industry development increases day by day. 

Production capacity forecast of China Cosmetics industry in 2005-2012 (Schematic)


 

2009-2012 is a critical period for the development of China Cosmetics industry, it is also the transitional period for China stepping from the "11th Five-Year Plan" to the "12th Five-Year Plan". In the context of global financial turmoil and severe domestic economic situation, a series of new policies are about to be introduced which will undoubtedly have a significant impact on the development of Cosmetics industry. A number of major national construction projects have started to be constructed which are bond to play an important role in driving the demand of Cosmetics industry market.

Wen Jiabao, Premier of the People’s Republic of China, hosted the Executive meeting of the State Council in Nov. 5th, 2008 to study on the strategy of further expanding domestic demand and promoting a stable and rapid economic growth. The 10 measures of further expanding domestic demand and promoting economic growth were confirmed at the meeting. According to preliminary estimate, by the end of 2010 the investment required for the implementation of the above projects will be at about 4 trillion yuan.