Policy & Regulation

Due to the further negative impact of the COVID-19 pandemic, the report predicts that the global economy will decline by 4% in 2020, exceeding the 3.7% drop expected last month.

• OPEC prediction
• oil market report
• oil price fluctuate

According to the forecast issued by Rabobank, driven by the consumption habits of consumers not going out during the coronavirus pandemic, online food sales are expected to reach 6.4% by 2021.

• online food sale
• food market trend

China's foreign trade imports and exports in July reached 2.93 trillion yuan, a record high this year. However, the Ministry of Commerce stated that the foreign trade situation in the second half of the year will become more severe and complex and will in

• Ministry of Commerce
• imports exports
• policy support

According to the latest research by MarketsandMarkets, a market research organization, the global cement-based coatings market will reach approximately US$1.1 billion in 2020 and reach US$1.5 billion by 2025

• cement based coating
• polymer modified

The national standard of "Comprehensive Evaluation Guidelines for Chemical Parks" has been officially released and will be implemented on February 1, 2021. At that time, my country's chemical industry parks will have rules to follow.

• national standard chemical park

Among them, the long-term prescription drug list covers 137 varieties, and is divided into 9 categories of drugs, including hypertension, diabetes, dyslipidemia, COPD, chronic kidney, stroke, chronic prostate, chronic heart failure, and other commonly use

• drug list
• clopidogrel&irbesartan
• prescription policy

The International Monetary Fund (IMF) recently stated in a new update report that the novel coronavirus crisis will cause global oil demand this year to drop by approximately 8% year-on-year.

• global oil demand
• COVID-19

On August 6, the European Union issued Regulations (EU) 2020/1160, extending the approval period for 22 substances such as aluminum sulfate, and the annex of (EU) No 540/2011 was revised. This regulation will take effect on the date of issuance.

• extending approval
• aluminum sulfate
• regulation issue

Since India restricted the export of some APIs in order to ensure the supply of domestic drugs in early March, China, as a major producer of APIs, faced the market that India voluntarily surrendered

• demand&supply
• market resurge
• API companies

The domestic beauty industry with a market size of about 300 billion yuan will usher in the strictest new regulations. Yesterday, the State Food and Drug Administration announced the "cosmetics registration management measures (Draft)

• beauty
• regulation

On July 21, in order to promote the implementation of the regulations on the supervision and administration of cosmetics, and further standardize the management of cosmetics registration, production license and quality, the State Drug Administration draft

• cosmetics
• regulation

Titanium dioxide inventories have been on the rise since June, reaching an annual high of 134,800 tons in early July. Under the background of the spread of foreign epidemics, market demand was weak

• Titanium Dioxide
• demand
• prices

According to "Asia Lubricants Weekly" on July 22, global consulting and research company Klein said in a recent webinar that under the current economic environment, global demand for wind energy lubricants may slow down.

• wind energy
• global
• market

According to "Global Market Insights", by 2026, the aviation coatings market is expected to exceed 1.06 billion euros. Due to the growing demand for replacement of obsolete aircraft fleets

• coating market outlook

In July 2020, the State Administration for Market Regulation successively issued the "Main Points of Literature Review of Health Food and Health Function Formulas (Draft for Comment)" and the "Measures for Supervision and Administration of

• policies
• Regulations
• food&nutrition

Since the beginning of this year, policies on medicine, medical care, and medical insurance have been issued frequently.

• policies
• pharmaceuticals
• companies

Heparin sodium is an anticoagulant (blood thinner) that prevents thrombosis. With the acceleration of the pace of life and the increase of population aging, the global morbidity and mortality of cardiovascular and cerebrovascular diseases are increasing

• heparin sodium
• demand&supply
• Pharmaceutical

The latest research results of Markets&Markets, a market research organization, show that the global powder coatings market is expected to be approximately US$15.7 billion this year and is expected to reach US$21.4 billion by 2025, with a compound ann

• power coating
• market trends
• China

The International Rubber Research Group (IRSG) predicts that in 2020, global rubber demand will fall by 12.6% year-on-year (the same below) to 25.2 million tons due to the new crown epidemic.

• rubber
• demand

The domestic beauty industry with a market size of about 300 billion yuan will usher in the most stringent new regulations. On July 21, the State Food and Drug Administration announced the "Administrative Measures for Cosmetics Registration

• osmetics
• regulation
• China