Core Insights - The cosmetics industry is a key focus for Shanghai, representing one of the six major industries aimed at enhancing the city's industrial capabilities and soft power [1][2] - The industry is undergoing structural adjustments and upgrades, facing both opportunities and challenges due to evolving regulations and rapid technological advancements [1] Industry Development Measures - Shanghai's measures to promote high-quality development in the cosmetics sector include branding "Shanghai-made" cosmetics and supporting the development of functional skincare products, fragrances, and domestic brands in the Qingpu District [2] - Qingpu District is leveraging its advantages as a gateway and exhibition hub, gathering a diverse range of leading and specialized enterprises to foster innovation and create a more efficient development environment [2] Innovation and Collaboration - The Qingpu cosmetics industry aims to enhance its innovation capabilities, intelligent manufacturing, and promote cross-industry integration and international cooperation [2][3] - The release of the "White Paper on the Cosmetics Industry in the Core Area of the Yangtze River Delta Integration Demonstration Zone" highlights the establishment of a closed-loop ecosystem encompassing R&D, production, marketing, and logistics [3] Industry Initiatives - A collective industry initiative was launched by eight cosmetics companies in Qingpu, emphasizing the commitment to mutual growth and the principles of openness, innovation, and sharing [3]