Strong growth momentum, China’s dairy industry has entered a new stage of high-quality development

This year is the first year of the “14th Five-Year Plan”. What is the development trend of the dairy industry involving the national economy and the people’s livelihood after experiencing the test of the new crown pneumonia epidemic last year? At the 4th China Dairy Capital Forum, many industry professionals pointed out that China’s dairy industry has shown rapid growth in the post-epidemic period and has entered a new stage of high-quality development.

The dairy industry is showing rapid growth

On October 22, at the 4th China Dairy Capital Forum hosted by Securities Daily, Xu Lijing, deputy editor-in-chief of Economic Daily, stated in his speech that in the first half of this year, 24 A-share and H-share listed dairy companies Handed over a good report card, the total net profit increased by more than 50% year-on-year, and the industry’s prosperity was on the rise.

Data show that in 2020, China’s raw milk production will be 35.3 million tons, an increase of 7% year-on-year, and the sampling inspection rate of dairy products and raw milk will reach 99.87% and 99.8%. According to data from the National Bureau of Statistics, from January to July this year, China’s liquid milk production increased by 14.61% year-on-year, dairy product production increased by 8.53% year-on-year, national dairy product processing and sales revenue increased by 14.22% year-on-year, and total profit increased by 39.09% year-on-year.

“China’s dairy industry has become a modern food manufacturing industry with the world‘s advanced level.” Liu Chao, vice chairman and executive deputy secretary-general of the China Dairy Industry Association, said that the semi-annual report of listed dairy companies shows that the overall growth momentum of the industry is strong. The growth reached double digits.

“The opportunities for the dairy industry are limitless. First, the economy is supported; second, the policy is guaranteed; third, the industry has a foundation.” Zhou Zhenfeng, deputy secretary general of the China Dairy Association, said that in recent years, the quality of China’s dairy industry has been comprehensively improved, and the level of quality and safety has been improved. Significant improvement, obvious acceleration of transformation and upgrading, the initial formation of a modern dairy industry pattern, and great potential for industrial development.

Zhang Zhifei, the second-level investigator, Deputy Director of the Food Division of the Consumer Goods Industry Department of the Ministry of Industry and Information Technology, concluded that, for a long time, China’s dairy industry has been closely following the needs of domestic consumers and cultivating the domestic market. One, great achievements have been made. First, the scale of the industry continues to grow, and the degree of concentration is further improved; second, the product structure is continuously optimized; third, the product quality and safety status is significantly improved.

The dairy industry is entering a new stage of high-quality development

Xu Lijing believes that China’s dairy industry is entering a new stage of high-quality development. Domestic dairy companies continue to grow bigger and stronger, accelerate the pace of entering the capital market, and continue to stage mergers and acquisitions among enterprises.

Zhang Zhifei believes that it is necessary to promote the high-quality development of the dairy industry and continuously improve the effective supply capacity and level of dairy products. The first is to attach great importance to the construction of milk source bases; the second is to take quality and safety as the lifeline of the dairy industry, to further strengthen the establishment of corporate integrity management systems and quality and safety traceability systems, and to effectively improve the quality of dairy products; the third is to encourage corporate technological innovation, product innovation and management innovation , To enhance the technological innovation and research and development capabilities of China’s dairy products deep-processing products; the fourth is to cultivate a group of internationally influential dairy product brands.

Liu Chao proposed that to achieve the high-quality development of China’s dairy industry, one must unswervingly follow the path of industry development and vigorously develop dairy farming; the other is to promote the stable development of the industry and promote the development of the industry based on win-win cooperation. Support the vertical cooperation between processing enterprises and dairy farms to increase the ability to resist risks with the advantages of the industrial chain; the third is to optimize the product structure with technological innovation.

Yipeng Zhang, vice president of Yili shares, said that this year is the beginning of the “14th Five-Year Plan” period. For Chinese dairy companies, only by firmly seizing the historical opportunity period, actively promoting digital transformation and building a digital enterprise can they move forward and win the future. New competitive advantages in the global dairy industry.

Li Pengcheng, Deputy Secretary of the Party Committee and Executive President of Mengniu Group, said that the global dairy industry, especially China’s dairy industry, has entered a new era and embarked on a new journey. The trend of dairy industry and capital has come. “The Fourteenth Five-Year Plan included milk for the first time as an agricultural product that needs to be safely supplied. At the same time, according to the milk industry revitalization plan, China’s dairy industry will be fully modernized and revitalized by 2025. It can be seen that the development of the dairy industry is not only required by the country, but also There is demand in the market, and companies have motivation.”