Chinese dairy producers rush overseas to set up factories (4)

"New Zealand needs to give the green light to China's capital if they want to continue such trend," Song Liang, senior dairy analyst with China Commerce Circulation Productivity Promotion Center said. At present, more than 80 percent of China's imports of milk powder is from New Zealand. On the other hand, the issue of food safety greatly stimulates the consumption of imported food in China. In the long term, overseas agricultural and pastoral industries layout and domestic demand will form effective complementary.

China Investment Company estimates that, as of June 2011, Yili and Yashili account for more than 16 percent in domestic infant formula market, and their decision often become the industry guide.