YILI(SH:600887) Zheng Quan Shi Bao Wang·2025-07-13 14:26Core Insights - The 16th China Dairy Industry Conference highlighted the rapid development of China's dairy industry, with key indicators surpassing EU standards, indicating a significant leap in quality over the past two decades [1][4][6] Industry Development - China's dairy farming has transitioned from decentralized practices to large-scale, standardized, and intelligent operations, with the proportion of farms with over 100 cows increasing from 11.2% in 2005 to 78% in 2024 [3][5] - The country has maintained a leading position in global milk production since 2003, ranking among the top four producers worldwide [3] Quality Improvement - The average bacterial count in raw milk from Yili, a leading dairy company, has been consistently below 10,000 CFU/mL for two consecutive years, significantly lower than the EU limit of 100,000 CFU/mL [4] - Key nutritional indicators such as fat and protein content in Chinese milk now meet or exceed EU standards, with Yili's products demonstrating superior quality [4][5] Consumer Impact - Per capita milk consumption in China has dramatically increased from 0.4 kg in 1949 to 40.5 kg in 2024, reflecting a 100-fold growth over 75 years [5] - The emphasis on high-quality protein sources, including milk, aligns with national health strategies aimed at improving public health [5] Future Outlook - The Chinese dairy industry has achieved a historic shift from catching up to surpassing global standards, with ongoing efforts to enhance product quality, cost efficiency, and innovation in niche categories [6]