date:Jul 04, 2013
uality raw milk, said Lao Bing, general manager of the Shanghai-based Mental Marketing Dairy Consulting.
Last year, Yili said it had spent $214 million to build an infant formula plant in South Canterbury, New Zealand, in a deal that will see it take over Oceania Dairy Group.
According to IBISWorld Inc, a US-based market research company, China is currently the third-largest dairy producer in the world, after India and the US. Last year, the revenue of China's dairy industry grew at an annuali