A newly-released report shows that Chinese dairy products have seen remarkable improvements in both quality and safety levels.
Anewly-releasedreportshowsthatChinesedairyproductshaveseenremarkableimprovementsinbothqualityandsafetylevels.Butmanypeoplestillhaven'tforgottenthetaintedmilksca
The volume of milk shipments to China, the world's most-populous nation, has jumped an average of 126 percent a year since 2010, according to Chinese customs data, creating a $333 million market dominated by the European Union.
One of Australia's biggest producers of infant formula has tripled its profits in a year due to a sales boom in China.
Imports of infant formula powder have more than tripled in the past five years after a series of food safety scandals involving domestically produced dairy products, according to China's top quality supervision authority.
China's food safety watchdog has issued a regulation, effective as of Oct. 1, to tighten supervision on baby formula.
Chinese dairy giant Yashili launched its New Zealand-made infant formula on the local market Thursday as the first step towards establishing a global brand.
New Zealand food safety regulator on Thursday reassured consumers at home and abroad after a man admitted making threats to poison infant formula.
Tougher regulations on infant milk formula will be introduced to restore public confidence in the domestic dairy industry.
A draft revision to China's Food Safety Law had its first reading on Monday and pledges tough sanctions for offenders, promising the strictest food safety supervision system.
China's food and drug watchdog on Wednesday unveiled a revised regulation that will significantly increase standards for domestic infant formula producers and lead to a shake-up of China's infant formula industry.
China's Ministry of Commerce (MOC) on Tuesday told baby formula importers to be accurate when recording sales data and for there to be no monopoly in the industry, which has been plagued by quality and price-manipulation scandals.
The Ministry of Industry and Information Technology (MIIT) has finished a draft to promote mergers and acquisitions of infant formula companies. According to the draft, the ministry will foster the growth of large dairy companies over the next five years and aim to cultivate three to five companies each with an annual sales revenue exceeding 806 million U.S. dollars by the end of 2018.
A probe into possible price fixing by foreign and domestic baby formula firms will lead to the consolidation of the dairy sector, experts have said.
A probe into possible price fixing by foreign and domestic baby formula firms will lead to the consolidation of the dairy sector, experts have said.
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