Ginseng, American Ginseng, and Ganoderma(Lingzhi) are popular functional ingredients due to the long consumption history while Ginseng and Ganoderma have been TCM (traditional Chinese medicines) for thousands years in China. They, however, are not on the ingredient directory for functional foods filing system (different from the functional foods registration system). SAMR established the standards and technical requirements for the three and they will be listed onto allowed ingredient directory for functional foods in China. The announcement was published by SAMR on 25th Aug., 2022.
If you do have the functional ingredient to be employed in China, they it will be regulated by CFDA/SAMR as well. You are welcome to browse [Facing the regulations for food sector in China-Functional Food]