Chinese baby formula industry to consolidate
date:Jun 19, 2013
e enterprises, especially private ones, are likely to be eliminated by the regulation, and more mergers and acquisitions led by domestic giants are expected.

The quality and safety of dairy products has notably improved in recent years, but they still require further improvements to make local brands more competitive, said Zhu Hongren, chief engineer of the Ministry of Industry and Information Technology.

Song Kungang, secretary-general of the China Dairy Industry Association, said more than 6
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