The Fourth Chinese Health Food Conference is hosted by China Nutrition and Health Food Association to discuss about the Chinese health products industry. Chinese overall health industry has maintained revenue growth in recent years and is expected to exceed RMB 9 trillion yuan (USD $1.36 trillion) by 2020, an increase of 32.1%. On the one hand, the outbreak of the epidemic has led to an unprecedented emphasis on health, and the demand for nutritional health products has risen to the highest peak in recent years. Since this year, the overall order of health food industry has improved greatly, and it is expected that the output value will exceed RMB 400 billion yuan (USD $60 billion) this year. On the other hand, current Chinese health food industry products has serious problems of homogenization, weak independent innovation ability, low technical level, and low industry concentration. (Source: ce.cn)

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