How China’s stricter regulations reshape, not replace, vaping in China
China’s vaping market used to be fast-growing and free-for-all. Now it’s a tightly controlled, state-run system. Retail sales peaked at RMB 19.7 billion (USD 2.9 billion) in 2021 and then shrank to USD 2.67 billion. Rather than suppressing the market, strict regulations just changed how brands compete. Today, there are two markets running side by […]
China Tobacco Industry: Market Research
Tobacco market in China: Slight growth under strict restrictions China’s tobacco industry adopts a system of unified leadership, vertical management, and monopolized operation.The State Tobacco Monopoly Administration and China National Tobacco Corporation are responsible for centralized management of “staff, finance, properties, products, supply, distribution, domestic and foreign trade” of the country’s tobacco industry. Only the […]