SINGAPORE (July 1): Best World International announced subsidiary Best World (Zhejiang) Pharmaceutical Co. (BWZ) was granted on Thursday, a direct selling licence by China’s Ministry of Commerce.

BWZ is a wholly-owned subsidiary of Best World Lifestyle, which itself is wholly-owned by Best World International.

Under the licence, BWZ is permitted to conduct direct selling in areas in China which would be announced in due course on the ministry’s website related to the administration of direct selling industry for certain categories of products which would be announced in due course on the same website.

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