China’s Dairy Industry: An Infant Nursed by the Domestic Government

GUANGZHOU, China - March 24, 2015 - PRLog -- Affected by the healthy Chinese macroeconomic environment and the increasing consumption of dairy products, dairy production increased significantly, and dairy industry has already became one of the fastest growing industries in China. But several problems such as unreasonable structure, lack of technical standards and overall monitoring came up during the development. Under this background, the policies and supervision from the government are especially important.

On May 30, 2014, the China Food and Drug Administration (CFDA) announced that 82 Chinese infant formula processors have now acquired production licenses and the other 51 infant formula processors that failed to pass the review (or applied to delay the review or applied to cancel the license) have had to suspend production.

At the end of 2013, the CFDA released the Detailed Rules for Infant Formula Processor Approval (the Rules), which raise the bar for infant formula production by posing stricter requirements in respect of raw materials, product formulations, technical processes and procedures, premises and equipment, etc.

In June 2013, the State Council approved the Plan for Promoting the Merger and Acquisition (M&A) among Infant Formula Powder Enterprises, published by the Ministry of Industry and Information Technology, the National Development and Reform Commission, the Ministry of Finance and the CFDA. After the following five years, the number of China's enterprises in infant formula powder industry will be integrated into about 50.

To clearly describe the government direction of China's dairy industry, CCM has collected lots of information in various ways. In the report Governmental Direction of China's Dairy Industry in 2014 (http://www.cnchemicals.com/Product/Report/2574/government...), the governmental policies and supervision have been analyzed through various aspects.

According to CCM, the Chinese government will continue to strengthen the guide in dairy industry and will pay more attention to dairy safety problems and structure optimization. At the same time, international dairy cooperation will still be the most important topic.

For more information of the report, please visit:

http://www.cnchemicals.com/Product/Report/2574/governmental-direction-of-china-s-dairy-industry-in-2014-edition-1

If you are in need of instant news and data in relation to China’s dairy market, you can subscribe to our Dairy Products China News (http://www.cnchemicals.com/Product/Newsletter/22/china-im...), or you can contact us by econtact@cnchemicals.com for a bespoke dairy report.