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China’s Projected 12% Personal-Care Growth Understates Industry Impact

Executive Summary

A new report released by the Personal Care Products Council predicts the personal-care market in China will grow 12% annually through 2020. Personal care is an increasingly vital piece of China’s economy, with 2008 census data showing the industry employed at least 756,400 people and paid out RMB 13.3 billion ($2.1 billion) in labor income.

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