Herbalife Gains New Chinese Direct-Selling License
U.S.-based nutrition company Herbalife can now conduct its direct-selling business in the southern Chinese province of Yunnan.
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Walmart Signs Forest MOU In China
Walmart (China) Investment Company and Walmart Global Procurement office have announced that they have signed a memorandum of understanding on environmentally sustainable development cooperation with Zhonglin Tianhe (Beijing) Forest Certification Center of State Forestry Administration…
Foreign Companies Selling Online In China Now Face Greater Scrutiny
China's Ministry of Commerce has issued a notice to regulate the sales activities of foreign-invested enterprises that are engaged in either Internet sales or vending machine sales.
Internet Cafes Gain New Retail Licenses In China
China's Ministry of Culture has published announcements on its official website stating that it has issued the first batch of four licenses for operating Internet cafe retail chains in China.
China's Central Bank To License Online Payment Platforms
According to Ouyang Weimin, the director of the Payment System Department of the People's Bank of China, PBOC plans to issue licenses to Chinese online third-party payment platforms to bring more competition and a higher…
Li Ning Gains Exclusive Rights To Lotto Brand In China
Li Ning has announced that the company has signed an agreement with the Italian sports brand Lotto Sport and gained a 20-year exclusive concession in China for no less than HKD1 billion.
Toys"R"Us Opens Store In Wuxi
Toys"R"Us, one of the largest American toy retailers, has opened a store at Huijin Plaza, Wuxi in Jiangsu Province.
AQSIQ: 98,000 Food Companies Received Production Licenses
Pu Changcheng, the vice-director of China's General Administration of Quality Supervision, Inspection and Quarantine, said in a State Council Information Office press conference that the special examination of product quality and food safety has been…