Chinese B2C e-commerce website 360buy.com has reportedly invested in Beijing Haoyaoshi Pharmacy Chain Company, a subsidiary of Jointown Pharmaceutical Group Company Ltd.

Herbalife Ltd. held a ground-breaking ceremony in Changsha, Hunan, for its state-of-the-art extraction facility for botanical extracts, powders and pure compounds to be used in its inner and outer nutrition products.

China's State Food and Drug Administration has published a bulletin in which it exposes 30 websites that have been allegedly selling fake medicines.

The Legislative Office of China's State Council is reported to be soliciting public opinion for a draft rule on defective products recall that has been submitted by the General Administration of Quality Inspection, Supervision and Quarantine of China.

Chinese electronics retailer Dazhong has announced plans to renovate its CCTV Tower flagship store into an electronics shopping mall, which is expected to be opened in the second half of April 2009.

Asian health and beauty products retailer Watsons has opened two stores in Hainan province, marking the brand's overall entry into this market.