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.
All 15 companies that are approved to run direct-selling businesses in China, have signed a self-discipline pact.
According to Yan Zhirong, the executive president of Amway Greater China, the company's sales in China increased by 28% to CNY17 billion in 2008.
According to the latest report on China's TV direct sales released by Chinese market research and consulting agency Analysys International, in 2007, TV direct sales in China reached CNY7 billion, a year-on-year increase of 55.6%.