date:Jun 19, 2013
About a third of the country's baby formula businesses will be axed, in what experts are calling a major consolidation of the industry.
The government has been trying to revive the industry since the 2008 melamine scandal, but consumer confidence is still lacking.
The move is part of a campaign to scrutinize dairy businesses in the next three months to improve the quality of milk powder products and boost confidence in the industry, the Ministry of Industry and Information Technology announ