Yiwu cosmetics market in phase 3, Yiwu international trade market, shows a great potential both in domestic market and export trade. It has developed for years and attracts many businessmen to invest and running cosmetic company. Some of them even come from oversea and running transnational cosmetic company. However, recently according to the market, we found that oversea trade from Australia and Italy is reducing and we were told the main reason is because of the high export detect cost. It costs much and also need long time.
In order to blooming Yiwu cosmetic market, this year, Food and drug administration bureau of Zhejiang Province take the lead in established zhejiang food and drug inspection work base of Yiwu city, and medical equipment inspection work base of Yiwu city. It helps Yiwu to enhance the technology of test and support the market developing. In that basement, Food and drug administration bureau of Zhejiang Province will delegate other authorities about production enterprise license issuance including health food, cosmetics. It means the costs of cosmetic will be less and in short time. It is no doubt good for Yiwu cosmetic market and also cosmetic enterprises in Yiwu.