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Ministry of Commerce: Strengthening supervision of baby-milk formula retail trading

( October 16, 2013, 06:32 GMT | Official Statement) -- MLex Summary: The Ministry of Commerce has told local-level regulators that the government will strengthen supervision of baby-milk formula retail trading, and clean up irregular charges imposed by retailers on suppliers. Retailers can only charge sales promotion fees as agreed, and cannot charge other kinds of fees. Mofcom said it will strengthen regulation of formula imports and sales, while companies should ensure accurate imports and sales data, set reasonable prices, and eradicate price manipulation and industry monopoly practicesThe full statement, in Chinese, is attached....

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