The reasons explain the boom of the Shenzhen e-cigarette industry and why Shenzhen is becoming the center of e-cigarette production.
Chinese authorities have stepped up efforts to manage the explosive growth in the e-cigarettes market, especially to curb youth vaping.
According to the company’s data research, there are about 4.1117 million tobacco-related enterprises in the country till 2022.
As of 27th May, the official website of the China State Tobacco Monopoly Administration has announced that since 14th May, 14 vape-related companies have applied for the tobacco monopoly production licenses. All these applications are in approving status.
On May 24th, an e-cigarette shop owner in Changsha, Hunan Province received an e-cigarette retail license from the local tobacco bureau today, creating a new history. This is also the earliest known vape shop to obtain a license.
As of 20th May, 2022, 31 provinces and cities have issued several e-cigarette retail licenses in the regions. The e-cigarette retailer license nationally planned in China is 48,740 in total now.
China’s vape industry has been hit with another round of legislation. The new measures build upon a decision to move the industry under the purview of the State Tobacco Monopoly Administration and regulate e-cigarettes / vape products as tobacco products, which will put significant restraints on the industry catering to the domestic market.
GB 41700-2022 was published on April 8, 2022, and will take effect on October 1, 2022. The first draft Standard was notified to the World Trade Organization (WTO) in 2019. At that time, China had not officially placed e-cigarettes under the state tobacco monopoly.
On 11 March 2022, the State Tobacco Monopoly Administration of China (the “STMA”) passed the 'Electronic Cigarette Administration Measures’ (the “Measures”), which will be effective...