Participants identified joint research and development, resource sharing and knowledge exchange as potential areas for cooperation beyond commercial expansion. They also discussed carbon-footprint measurement as a starting point for reducing emissions across the beauty industry.
The discussions come as China's online beauty and skincare market continues to grow, with demand expanding at both ends of the skincare price spectrum.
Sales across the online beauty and skincare market rose 7.4 percent year-on-year to 230.38 billion yuan ($34.49 billion) in the first half of 2026, while sales volume increased 8 percent to 2.65 billion units, according to Moojing Marketing Intelligence.
Within skincare, products priced at 300 yuan or less accounted for 58.1 percent of sales by value. The price brackets of 100 yuan or less and 1,000 to 2,000 yuan recorded the fastest growth.
