Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


New Chinese infant formula regulations

Media release
1 May 2014 2014

New Chinese infant formula regulations

Most of New Zealand’s infant formula production has been approved for export to China under new regulations that come into force today.

The Infant Nutrition Council (INC) Chief Executive Jan Carey said the manufacturers and brands already registered account for approximately 90% of all New Zealand infant formula exports by volume.

“Today’s announcement confirms that New Zealand manufacturers are able to meet the high test set by the Chinese Government. While some New Zealand producers have yet to be registered, we are confident all manufacturers will meet the new standards in due course.”

Ms Carey said while the overall volume of infant formula exports is unlikely to change, there are likely to be fewer brands sold.

“The Chinese have made it clear they want to reduce the number of brands being offered to consumers and the move to tighten regulations was expected.”

Ms Carey said that it is likely to have an impact on companies or ‘brand owners’ selling formula produced on their behalf.

“In short, the regulations require those selling infant formula to have close links to the manufacturer and in the long run, our industry will benefit from the increased confidence of Chinese consumers.

“While today’s news is positive for manufacturers, for brand owners without a close relationship with the manufacturer the bar is going to be set high, and some will struggle to meet the new rules,” Ms Carey said.

The links to the publicly available registers for infant formula manufacturers and general dairy manufacturers that can produce for export to China from today are listed on the website of the China Certification and Accreditation Administration (CNCA) here:

Infant formula manufacturers: http://www.cnca.gov.cn/ywzl/gjgnhz/jkzl/imports-list/milk/New-Zealand.pdf

General dairy manufacturers: http://www.cnca.gov.cn/ywzl/gjgnhz/jkzl/imports-list/dairy/New-Zealand.pdf

Ends

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Statistics: Dairy And Travel Still Our Largest Export Earners

New Zealand earned $2.3 billion more from exports than we spent on imports during the year ended June 2015... total exports of goods and services were $67.5 billion, while total imports were $65.1 billion. More>>

ALSO:

Approval: Air New Zealand And Air China Launch New Alliance Route

Air New Zealand and Air China have today launched joint sales for a new daily direct service between Auckland and Beijing after receiving approval from New Zealand Minister of Transport Hon Simon Bridges to form a strategic alliance. More>>

ALSO:

Money Trading: FX Trader Jin Yuan Finance Warned Over Lack Of Monitoring

Jin Yuan Finance, an Auckland-based foreign exchange trader, has been warned over its lack of anti-money laundering processes in place in the first public notification by the Department of Internal Affairs. More>>

ALSO:

Auckland Surge, Possible Peak: House Values Accelerate At Fastest Annual Pace In 8 Years

New Zealand residential property values rose at their fastest annual pace in eight years in August, pushed higher by overflowing demand in Auckland, which is showing signs speculators think it has reached its peak, according to Quotable Value. More>>

ALSO:

Cash Money: Reserve Bank Launches New $5 And $10 Banknotes

The $5 and $10 final banknotes were revealed at an event at the Bank in Wellington, and will start to be released from mid-October 2015. More>>

ALSO:

Truck Sales Booted: Commerce Commission Files Charges Against Mobile Trader

The Commerce Commission has filed charges against a mobile trader, or truck shop operator, claiming he obtained money from customers by deception and never intended to supply them with the goods they paid for. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news