:::

CHINAS TIANSHI GROUP SETS UP REGIONAL HEADQUARTERS IN TAIWAN

Taipei, Jan. 28 (CNA) The China-based Tianshi Group, the worlds fifth-largest health products direct selling conglomerate, has ventured into Taiwan, opening its regional headquarters in the landmark Taipei 101 tower. 

Following a recommendation from Legislative Yuan Speaker Wang Jin-pyng, the groups founder, Li Jinyuan, toured Taipei 101 during a visit to Taiwan in mid-2006 and was quoted as saying that he would locate his groups Pacific Rim headquarters in Taipei 101. 

Because of restrictions on direct Chinese investment in Taiwan, the groups Taiwan headquarters is established under the name of its U.S. branch. 

The Tianshi health products direct selling supermarket in Taipei 101 includes a zone available for testing products and a training center, as well as a spa, a yoga classroom and fitness facilities. 

The group plans to establish six to 10 direct selling supermarkets around Taiwan and open four to five franchised selling points in every county and city. 

(By Y.L. Kao)