China Health Food Industry Witness Strong Growth
date:2010-02-10
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        The growth rate is expected to exceed 20 percent in 2010,which is the biggest increase in recent years of China.

        Under this severe situation of global financial crisis,the gross domestic product in the last quarter of 2009  is predicted to be up 10%  over the same period last year,with annual growth rate over 8%.The GDP is forecast  to continue to keep a rapid growth in 2010,with annual growth rate exceeding 8%.China economic growth mode has  been changed, the domestic demand is therefore playing more and more important role in advancing the growth of  the whole national economy.Which creats the solid external economic environment for the health food industry.

        The health food industry experienced over double-digit average annually growth rate from 2000 to 2009.The  venture capital showed great interest to the consumable commodity industry,especially the health care  sector.Consequently,a number of health product enterprises have been purchased by some UC firms enjoying the  highest reputation.Purchase and reengineering will become the hotspots of the industry and thus accelerate the  development of the industry.

        The new Medical reform put disease prevention and control in the first place.Which means that the goverment has  fully realized the importance of disease prevention and continues to increase investments in Public finances  and human resources,20% of 850 billions yuan being used in public health education.The health of the whole  people will be improved according to enhanced health awareness and increased budget for health care  consumption.

        A line of important regulations will be published after the food saty law.The system of regulation on health  product will be further improved.Which to some extend encourage firms to put additional investment in the  industry.
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