China encourages baby formula mergers
date:Jun 17, 2014
About three-fifths of all baby formula sold on the Chinese market, worth around 60 billion yuan in total, is from foreign-branded.

To restore consumer confidence and revamp the domestic dairy sector, the CFDA has unveiled a series of moves, highlighted by a revised regulation in December 2013 to step up standards for domestic infant formula producers.

Following the half-year campaign, the administration said on May 30 it had renewed production permits for 82 baby formula producers. A total of
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