Following are headline news of the latest issue of Dairy Products China News:
Milk Price Rises in Heilongjiang
On 6 December,
Ausnutria releases its financial report for 2011, confirming its poor
performance in this period – which many suspect has continued up to the present
day.
Abbott's Similac Launched Online
On 5 December,
Abbott launches its imported US Similac ranges on e-commerce site Tmall.com,
likely a well-timed move given the problems which Dumex has encountered in the
market since last year.
Detailed Rules for Infant Formula
Processor Approval in 2013 Released
On 25
December, the China Food and Drug Administration holds a press conference to
announce the Detailed Rules for Infant Formula Processor Approval in 2013, and
also outlines its work reviewing processors' production licenses.
Ausnutria's Profitability
Challenged
On 6 December,
Ausnutria releases its financial report for 2011, confirming its poor
performance in this period – which many suspect has continued up to the present
day.
Fonterra's Challenge in China's
Dairy Market
Fonterra
remains challenged in the Chinese market after the contamination scare last
August, but remains in a strong position despite the increasing opportunities
the situation has provided for suppliers from the US and the EU.
Rebornne Focuses on E-commerce
At a
conference held in Guangzhou on 8 December Rebornne announces a switch to
selling its infant formula entirely online.
Biostime to Boost Domestic
Production of Infant Formula
On 30
December, Biostime announces its acquisition of Changsha Yingke, a move
designed to strengthen its position in 4th and 5th tier cities. Biostime Acquisition
Brings Local Production Capability
Government Concerns over Milk
Safety and Quality
In December
the State Council's Food Safety Committee holds talks with domestic dairy
processors to urge them to ensure the safety and quality of their dairy inputs.
China Tightens Supervision on Infant
formula Sales
On 18
December, the CFDA releases notices to urge its local branches to tighten
supervision over the sales of infant formula in general, and the pilot sales of
infant formula in pharmacies.
Government Focuses on Infant
Formula Safety
On 3 December,
the China Food and Drug Administration issues two regulations on infant
formula, part of the ongoing drive to streamline and so clean up the domestic
infant formula industry.
Import Tariff Cut for Infant
Formula
On 16
December, GACC announces an import tariff cut for infant formula in 2014,
suggesting growing demand and rising imports for foreign infant formula.
Guangzhou Cancels School Milk Guide
Price
Guangzhou
cancels government guide price on school milk from 1 December, a change which
reflects the increasing market orientation being encouraged in China's school
milk programme.
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