The Beauty Industry in China :: essays research papers

Within 21 years, from 1983 to 2004, the sales volume of Chinas lulu businesses has increased 260 times, according to the countrys first annual report on the truelove empyrean, recently released by Chinese economists.While the traditional dish antenna sector in China refers mainly to such services as hairdressing, knead and face-lifts by medical means, the modern beauty sector expands to cover the areas of beauty-related educational activity and marketing, the production and research of ornamentals and related instruments, and even includes ornaments, packaging materials as puff up personal image consultation. With a 15 per cent annual growth, the beauty sector is turning into another huge money-maker after the boom in the real estate, auto, electronics and tourism sectors. Moreover, the revenue of the sector is expected to reach 176.2 trillion kwai (US$21.3 billion) this year and double in the next five years. From the perspective of cosmetics, a similar track is visible The annual average expense of Chinese on cosmetics, in the early 1980s, was about one yuan (12 US cents), the figure rose to five yuan (60 US cents) in the early 1990s, and 25 yuan (US$3) at the end of 2000. In capacious cities like Beijing and Shanghai, the annual average spending on cosmetics has reached 80-100 yuan (US$9.6-12), although still much lower than the figures for many developed countries, roughly US$35-70. China is currently home to 1.54 million beauty parlors and nearly 3,800 cosmetic companies, and almost 8 million people are actually functional in beauty-related businesses, plus another 4 million whose jobs are attached to the sector. A survey of five major cities in China Beijing, Shanghai, Guangzhou, Chengdu and Wuhan, shows that the most popular beauty items include SPAs, stone massages, Yoga, foot massages and nail treatments. disrespect the huge advances witnessed over the past two decades, "huge gaps still survive between Chinas beauty sector and its co unterparts in developed countries," said the vice-president of the lulu and Cosmetics Association of Central Chinas Henan Province. "Compared with overseas beauty and cosmetics rivals, the domestic companies lack competitive advantages and are markedly overshadowed in such aspects as management, talent and brands," he said.Statistics from the annual report show only 11.72 per cent of the practitioners have a two-year college or higher educational background, while the practitioners who have a junior middle-school or an even lower education, and those who have a aged(a) middle-school or secondary technical school education account for 38 per cent and 50.