China aims to increase local production of baby formula so that more than 60% of...
Baby milk formula are displayed inside a medicine store in Hong Kong February 1, 2013. REUTERS/Bobby Yip
The document, dated in May but released on Monday, said production of domestic baby formula is increasing, there is more consumer confidence in domestic formula, and Chinese brands are getting more competitive globally. The document was jointly stamped by the National Development and Reform Commission and six other ministries, including the Ministry of Commerce and Ministry of Industry and Information Technology.The document also called for further consolidation and restructuring within the industry to eliminate outdated capacity and equalize product quality.
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