The retail sales revenue of the baby formula products in China was growing steadily, reaching 165 billion yuan in 2017. China announced to implement a two-child policy in 2016 to address its low birthrate. The country's fertility rate plummeted since the introduction of the one-child policy in 1980.
Retail sales value of the baby formula industry in China from 2013 to 2017
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AskCI Consulting. (July 24, 2018). Retail sales value of the baby formula industry in China from 2013 to 2017 [Graph]. In Statista. Retrieved September 20, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1035619/china-infant-formula-retail-sales-value/
AskCI Consulting. "Retail sales value of the baby formula industry in China from 2013 to 2017." Chart. July 24, 2018. Statista. Accessed September 20, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1035619/china-infant-formula-retail-sales-value/
AskCI Consulting. (2018). Retail sales value of the baby formula industry in China from 2013 to 2017. Statista. Statista Inc.. Accessed: September 20, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1035619/china-infant-formula-retail-sales-value/
AskCI Consulting. "Retail Sales Value of The Baby Formula Industry in China from 2013 to 2017." Statista, Statista Inc., 24 Jul 2018, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1035619/china-infant-formula-retail-sales-value/
AskCI Consulting, Retail sales value of the baby formula industry in China from 2013 to 2017 Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1035619/china-infant-formula-retail-sales-value/ (last visited September 20, 2024)
Retail sales value of the baby formula industry in China from 2013 to 2017 [Graph], AskCI Consulting, July 24, 2018. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1035619/china-infant-formula-retail-sales-value/