Action plan to boost domestic formula sector

Seven ministries including the National Development and Reform Commission, China's top economic regulator, jointly issued a notice of an action plan on Monday to strengthen the domestic infant and toddler formula milk industry, with a goal to increase domestic supplies to more than 60 percent of the market.

The action plan is to further improve the quality, competence and reputation of the domestic infant and toddler formula milk and strengthen domestic dairy enterprises, and aims to steadily increase the production volume of domestic infant and toddler formula milk.

The notice said that domestic supply of infant and toddler formula milk is expected to increase to more than 60 percent of the industry in total.