Business Wire

Bluehole Publishes a Feature Story on China’s Recent Vaping Regulations

Share

China’s leading vaping media, Bluehole New Consumption, today published a feature story on recent vaping regulation updates in China.

Here below is the full article in English:

On December 2, 2021, China’s State Tobacco Monopoly Administration issued the draft rules governing e-cigarettes while the regulator has just released the exposure draft of national standards of e-cigarettes on November 30, 2021. Previously, China announced to bring e-cigarettes under tobacco monopoly law on November 26, hence the legal status of e-cigarettes.

The recent regulation updates have eliminated the uncertainties about the future of Chinese vaping industry, paving the way for the industry’s sustainable development.

According to iiMedia Research Group, the size of Chinese’ e-cigarette market has grown from RMB 550 million (USD 86 million) in 2013 to RMB 8.38 billion (USD 1.31 billion) in 2020, witnessing an eight-year compound annual growth rate of 72.5%.

World Health Organization estimates that China has over 300 million smokers, nearly one-third of the world's total. More than half of adult Chinese men are current tobacco smokers. By contrast, the e-cigarette penetration rate among Chinese smokers is less than 1%, indicating the massive development potential of Chinese e-cigarette market.

The legal recognition sends a positive signal that vaping could continue to serve as a harm reduction tool to help over 300 million Chinese smokers, significantly improving the country’s public health.

Moreover, the latest draft rules require vaping manufacturers to obtain a vaping production license, setting a high bar for vaping manufacturing in term of fund, facility, equipment and technology. Only the qualified manufacturers could be engaged in the production of e-cigarettes.

Released on November 30, the exposure draft of national standards of e-cigarettes covers a wide range of requirements, involving devices, materials, nicotine and additives. More importantly, the exposure draft requires all vaping devices to incorporate designs preventing children from misusing for the first time.

According to the exposure draft, the forthcoming national standards set specific quality requirements for vaping products, demanding manufacturers to improve product safety. It is expected that only the responsible industry players with quality assurance can comply with the standards. In the long run, the standards will foster sustainable development of the industry and provide consumers with more reliable products.

In terms of market landscape, it will eventually accelerate the market concentration and benefit market leaders with comprehensive safety management. Taking SMOORE for example, its safety standards have covered all PMTA tests and 134 in-house tests. It is the only company in China that has the capabilities of PMTA non-clinical testing and PMTA health risk assessment.

In a global context, public health regulators always tend to trust and approve products made by market leaders with technological edge for reliability backed by scientific evidence. For instance, in the US, British America Tobacco and Altria are the only two companies whose products have been granted premarket tobacco application (PMTA) approval by the Food and Drug Administration (FDA). China’s State Tobacco Monopoly Administration also requires all e-cigarettes sold in China to be registered and vaping companies to submit scientific evidence on product safety.

However, the new draft rules have little impact on exported e-cigarettes, as long as they comply with the laws, regulations and standards of destination countries. Therefore, it is relatively favorable to the vaping companies whose overseas markets account for the majority of revenue.

As the vaping manufacturing capital of the world, Shenzhen accounts for around 90% of the global vaping market share. The national mandatory standards and the draft rules are going to significantly change the vaping manufacturing in Shenzhen. Local manufacturers will transform from cost-oriented to technology-oriented. SMOORE, the world’s largest vaping manufacturer, is also ready to launch the next generation of FEELM atomization technology in December.

To read the original article, please visit: https://www.bluehole.com.cn/news/detail/47806

To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.

Contact information

Frankie Chen
Frankie.chen@smoorecig.com

About Business Wire

Business Wire
Business Wire
24 Martin Lane
EC4R 0DR London

+44 20 7626 1982http://www.businesswire.co.uk

(c) 2018 Business Wire, Inc., All rights reserved.

Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.

Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

Protegrity Partners With Google Cloud to Support BigQuery Remote Functions19.1.2022 15:00:00 CET | Press release

Protegrity, a global leader in data security, today announced it has partnered with Google Cloud to support the upcoming release of BigQuery remote functions. First announced at Google Cloud Next ‘21 in October, BigQuery remote functions offer Google Cloud customers the ability to extend BigQuery with their own external code. With support for remote functions, Protegrity adds an additional layer of data protection, while enabling customers to deliver faster, more robust analysis through Google Cloud BigQuery. Protegrity’s partnership with Google Cloud lays a strong foundation to deliver de-identified data sets across many Google Cloud services. In addition to its support for Google Cloud remote functions, Protegrity also announced the availability of the Cloud API for Google Cloud, a serverless API that can be used to integrate data protection into cloud services and ETL workflows, as well as the Snowflake Protector on Google Cloud. “Through our partnership with Google Cloud, one of th

Mavenir Study Reveals Moving to Converged 5G Packet Core Can Reduce TCO by up to 36%19.1.2022 15:00:00 CET | Press release

Mavenir, the Network Software Provider building the future of networks with cloud-native software that runs on any cloud and transforms the way the world connects, released an in-depth study, with Monica Paolini at Senza Fili, highlighting how accelerating the move to a Converged 5G Core (5GC) can reduce Total Cost of Ownership (TCO) by up to 36%. The study concludes that Mobile Network Operators (MNOs) can save by moving to a cloud-native Converged 5GC with 5G Standalone (SA) support as they deploy their 5G access network, instead of relying on legacy EPC technologies and 5G Non-Standalone (NSA) packet core support. The longer the MNO delays the transition to a Converged 5GC, the higher the transition costs. The basis of the research, a TCO comparative analysis, revealed that the cost incurred in postponing the adoption of a Converged 5G core increases the TCO over a five-year period. The model assumes that the MNO moves to a state-of-the-art cloud-native converged 5GC and SA solution

Brightcove Named a Leader in The Aragon Research Globe™19.1.2022 15:00:00 CET | Press release

Brightcove Inc. (Nasdaq: BCOV), the global leader in video for business, was named a Leader in the Aragon Research Globe for Enterprise Video, 20221, based on its excellence in product performance, strategy, and vision. Aragon Research defines the leader position as "companies that have comprehensive strategies that align with industry direction and market demand, and that effectively perform against that strategic backdrop.” Brightcove emerged as the leader in enterprise video at a pivotal time where video has become the most important way for organizations to engage with their workforce and customers. “In our research for the Enterprise Video Globe Report, we look into product performance and strategy and vision for each organization,” said Jim Lundy, CEO of Aragon Research. “Brightcove is positioned as a leading enterprise video solution that can meet the needs of enterprise organizations of all sizes and industries." The eighth annual Aragon Research Globe™ for Enterprise Video, 20

Alation Launches “Data Radicals” Podcast with Revolutionary Insights Transforming the Way We Use Data19.1.2022 15:00:00 CET | Press release

Alation Inc., the leader in enterprise data intelligence solutions, today announced the debut of its podcast, “Data Radicals.” Hosted by Satyen Sangani, CEO and co-founder of Alation, “Data Radicals” is a show for business, data, and technology enthusiasts who seek to enable individuals and organizations to use data in powerful ways. The podcast kicks off today, with the first 5 episodes available online, as well as Apple Podcasts, Spotify, and anywhere podcasts are available. “Data Radicals” is for anyone interested in how data, science, and technology can help solve the world’s most pressing problems. Episodes explore how data leaders and academics are driving data culture and the role they play in changing how people think and work. The podcast leaves listeners with an understanding of how to facilitate data-driven decision-making and data literacy at all levels of an organization. “The launch of ‘Data Radicals’ gives business leaders, entrepreneurs, and those of us passionate about

Eyekandy Launches Brand ‘MetaStores’ for the Metaverse19.1.2022 14:38:00 CET | Press release

Eyekandy, one of the world's leading Augmented Reality (AR) Providers for Commerce, today announced its MetaStore service for retailers and brands. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220118006141/en/ This is an example of a Metastore. #endlesspossibilities (Source: eyekandy Metastore) The service will enable retailers and brands to easily deploy custom stores and sales campaigns into the metaverse to promote or sell digital goods, such as NFT’s. Metaverse projects can be a major cost and distraction for a marketing world that is still figuring out what the metaverse is and how it can be of most benefit. Eyekandy represents a one-stop-shop for retailers and brands to test and learn all things metaverse, without having to get into the detail of how to do it successfully. Richard Clarke, Head of Metaverse & NFT’s at Eyekandy added: “Launching successfully in the Metaverse is a complex, multilayered project. It is a

Tinubu® Square Americas Names Jessica Mann as General Manager19.1.2022 14:00:00 CET | Press release

Tinubu® Square Group, the leading software provider for the Credit & Surety industry, has appointed Jessica Mann as General Manager of Tinubu Square Americas. Through its technology platform, Tinubu Square Americas processes CIRCA 50% of the bonds issued in the US. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220119005502/en/ Jessica MANN General Manager Tinubu Square Americas (Photo: Tinubu Square) In her new role, Jessica will implement the Group Business Strategic plan in the Americas, with responsibility over the P&L, the business growth in all defined market segments and products ensuring retention and nurturing of the customer base. Jessica Mann brings to Tinubu Square Americas her strong background in Surety management and underwriting, notably with her most recent role with Everest Insurance as Vice President, Head of Commercial Surety, where she led Everest’s expansion of its commercial surety business. She also h

Ekata Expands Account Opening Solution to Help Online Businesses Assess Risk at Account Creation19.1.2022 14:00:00 CET | Press release

Ekata, a global leader in digital identity verification, today expanded its account opening solutions to help online businesses worldwide quickly identify and flag risky account sign-ups. Powered by a proprietary data set and machine learning, Ekata's account opening solutions assess the risk of new accounts in real-time, enabling businesses to create streamlined onboarding experiences for legitimate customers and reject or add friction to high-risk customers. Ekata’s new capabilities expand its existing account opening solution for financial services and fintech companies. Increasingly, fraud occurs earlier in the customer journey at the account creation stage, not just during transactions. In the past year alone, more than half of ecommerce companies experienced an increase in promotion abuse, with individuals creating multiple accounts to take advantage of limited-time promotions, causing significant loss to retailers. Marketplaces have also seen more malicious users impacting platf