Infant formula maker Mead to feed rural areas
By Chen Meiling and Hu Yuanyuan | China Daily | Updated: 2017-10-30 07:47
New regulations expected to give established brands opportunities to expand beyond big cities
Infant formula maker Mead Johnson Nutrition, a transnational company, plans to explore expected opportunities to expand into China's third-and fourth-tier cities and villages next year.
New rules from Jan 1 will likely push out players selling regular products, leaving the market wide open for reputable brands that are mostly present only in big cities.
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