date:Jun 21, 2013
industry.
Gao Fu, an official with the Ministry of Industry and Information Technology, said such integration would enhance industrial resources, consolidate brands and improve competitiveness.
The ministry has pushed domestic dairy producers to get married. Gao hopes to see about 10 companies, with annual revenues exceeding 2 billion yuan in two years, taking up 70 percent of the industry.
Out of about 120 baby formula producers in China, only 15 percent have their own cow farms, said Wang