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Domestic Dairy Products Win Back Consumers' Confidence
Time:2016-12-07 14:47:14
Source:People Daily
Since this October, management guidance on infant formula products starts to be officially implemented. No company is allowed to have over nine kinds of formula in principle.
Thanks to the strengthened regulation by food and drug regulators, the substandard rate of domestic infant formula products has fallen from 1.5% in 2014 to the current 0.46%. The market share of domestic products accounts for 65% of the total number.
China has 103 infant formula companies, with over 2000 formulas. This has generated a lot of safety risks as some problematic companies simply change their brands and keep producing the same formula.