USEUROPEAFRICAASIA 中文双语Français
Home / Business

Foreign, local dairies to milk profits from smaller industry

By Wang Zhuoqiong | China Daily | Updated: 2014-05-28 06:56

Stricter regulations tighten the market as they bolster safety

The government's stricter permit requirements, which is expected to keep up to one-third of domestic infant formula producers from manufacturing, is driving up competition between local and foreign dairy brands.

As of May 31, the 127 manufacturers of infant formula have to apply and receive production permits or their production must cease.

Foreign, local dairies to milk profits from smaller industry

Today's Top News

Editor's picks

Most Viewed

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US