date:Jan 14, 2014
,000 to 50,000 metric tons annual production capacity of baby milk and shorten its supply times.
In August 2013, Biostime was charged a heavy fine of about 163 million yuan or 55 percent of its half-year profits, for its price-fixing practices in violation of China's Anti-Trust Law.
To boost the image of the brands of scandal-plagued domestic infant formula products and restore consumer confidence, the industry regulator submitted a plan to the State Council for consolidation of the milk powde