国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

USEUROPEAFRICAASIA 中文雙語Fran?ais
Business
Home / Business / Industries

Dairy companies become bigger

By WANG ZHUOQIONG | China Daily | Updated: 2013-06-21 02:33

The notion of "too big to fail" is becoming prevalent in the Chinese dairy industry. Pushed by increasing demands for quality and safe baby food, the government and industry members have encouraged mergers and acquisitions to create dairy giants, who are pressuring their foreign rivals in pricing power and market competitiveness.

On Tuesday, China Mengniu Dairy Co Ltd agreed to acquire privately owned Yashili International, one of the country's leading makers of infant milk formula and baby food, for $1.6 billion, making it the largest merger in the domestic dairy industry.

The merger unveils the beginning of a series of consolidations in an attempt to revive the troubled industry.

An industry insider told China Daily the Inner Mongolia Yili Industrial Group also intends to acquire Feihe Dairy and Wondersun Dairy Inc. The three companies have denied the rumor, but the insider said the offer is to secure milk suppliers of the latter two companies who have quality dairy farms in Northeastern China.

After such mergers and acquisitions, the line between Chinese and foreign brands is blurring, said Song Liang, a dairy industry analyst at the Distribution Productivity Promotion Center of China Commerce.

"The integration with international standards and levels will greatly improve the quality and safety of domestic milk powder," he said.

A number of small producers are expected to be axed in such moves. Cheng Qunshi, a nutrition and food safety expert, said that of about 120 milk powder manufacturers in China, some small enterprises have found loopholes in implementing industrial standards. Many without fresh milk suppliers and farms have difficulty in controlling the quality and safety of the raw milk they use.

However, industry analysts said making the country's dairy industry bigger does not necessarily make it stronger. Stricter quality control and supervision are keys to improving the dairy industry, Song said.

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
 
象山县| 丘北县| 东丰县| 微山县| 枣庄市| 友谊县| 新营市| 宽城| 峨眉山市| 永胜县| 长顺县| 阜南县| 平谷区| 什邡市| 克山县| 八宿县| 许昌县| 肥东县| 大荔县| 肇东市| 丘北县| 如东县| 华池县| 宁海县| 石渠县| 乌审旗| 中山市| 乌恰县| 广饶县| 武定县| 山阴县| 新干县| 忻城县| 台南县| 新巴尔虎左旗| 清苑县| 洞口县| 克拉玛依市| 海丰县| 静宁县| 平陆县|