Group 1 - In the first nine months of this year, Guangzhou Customs issued a total of 17,000 RCEP certificates of origin, with export value benefiting from these certificates amounting to 4.63 billion yuan, representing year-on-year growth of 7.6% and 11.2% respectively [1] - Enterprises declared imports under RCEP amounting to 5.01 billion yuan, enjoying a tariff reduction of 110 million yuan, with year-on-year increases of 17.0% and 38.4% respectively [1] Group 2 - Guangzhou Oukatu International Trade Co., Ltd., a company specializing in the R&D and production of beauty products, reported that the implementation of RCEP allowed them to export eye makeup products to Indonesia with zero tariffs, enhancing their product competitiveness. Their export value exceeded 50 million yuan in the first nine months, a nearly 30% year-on-year increase [5] - Guangdong Weirong Electronic Technology Co., Ltd., a high-tech enterprise producing multilayer ceramic capacitors, benefited from RCEP by obtaining a tariff reduction of approximately 1.63 million yuan through 232 RCEP certificates of origin, which helped lower production costs [5] - The "Approved Exporter" system for self-declaration of origin has been widely implemented since RCEP took effect, with 114 companies recognized by Guangzhou Customs, the highest in the country. In the first nine months, these approved exporters issued 1,650 self-declared origin statements, involving a value of 210 million yuan, marking year-on-year growth of 50.3% and 22.9% respectively [6]

Core Insights - The Chinese color cosmetics industry is experiencing growth driven by increasing consumer recognition of domestic brands and a shift towards high-end products [6][8]. Group 1: Industry Overview - Color cosmetics are a significant category within the cosmetics industry, primarily used for enhancing facial features and covering skin imperfections [2]. - The makeup process typically includes skincare, base makeup, eye makeup, contouring, and lip makeup, with a focus on creating a flawless finish suitable for various skin types [4]. Group 2: Market Trends - There is a rising acceptance of domestic color cosmetics brands, with 78.6% of consumers finding domestic beauty products attractive and 49.6% willing to support them due to their creativity [6]. - The trend towards functional and skincare-oriented color cosmetics is becoming prominent, indicating a potential for growth in the high-end segment of the market [6]. Group 3: Industry Structure - The color cosmetics industry supply chain consists of upstream raw material suppliers and manufacturers, midstream brand owners, and downstream sales channels [8]. - The cost of packaging materials is significant for midstream color cosmetics brands, with some brands allocating over 30% of their costs to packaging design [10]. Group 4: Research and Reports - The Huajing Industry Research Institute has released a report analyzing the current state and competitive landscape of the color cosmetics industry, highlighting market trends and future potential [12].