Advanced Manufacturing Group - In June 2024, China's power battery sales reached 94.1 GWh, with a month-on-month increase of 7.6% and a year-on-year increase of 34.9% [3] - The export volume of power batteries was 15.8 GWh, showing a month-on-month growth of 17.1% and a year-on-year growth of 16.6% [3] - The installed capacity of power batteries in June was 58.2 GWh, with a month-on-month increase of 1.9% and a year-on-year increase of 35.9% [3] - Lithium iron phosphate (LFP) batteries accounted for 81.5% of the total installed capacity, with a year-on-year growth of 49.7%, indicating a strong market position [3] - The significant growth rate of LFP batteries is attributed to their cost advantages and improved performance, making them the preferred choice for most mid-to-low range electric vehicles [3] Consumer Group - The National Health Commission approved D-Allulose and other new food ingredients, which could drive the development of low-sugar and low-calorie products in the sugar substitute market [7] - The Ministry of Agriculture emphasized the need to support the dairy industry, which is showing signs of stabilization and recovery due to various supportive measures [7] - Factors such as potential production decreases due to heat stress on dairy cows and increased consumption of cold drinks are expected to positively impact the dairy market in the upcoming months [7]

Group 1 - The raw milk industry is expected to improve in the second half of 2025 compared to the first half, following a prolonged downturn that has lasted over three years [1][3] - In 2024, the industry is projected to face a 90% loss rate, with the purchase price of raw milk falling below that of New Zealand, leading to a significant decline in domestic milk prices [1][2] - The average price of fresh milk in major producing provinces was reported at 3.07 yuan per kilogram, reflecting a 10.5% year-on-year decrease, indicating that while prices have bottomed out, there is no clear sign of recovery [2] Group 2 - The domestic milk price has fallen below international levels, with New Zealand's price at approximately 3.2 yuan per kilogram, and the prices in the US and Europe at 3.6 yuan and 4.2 yuan per kilogram respectively [3] - The number of dairy cows in China is expected to decrease by 200,000 to 300,000 heads in 2024, reversing a five-year growth trend, with total raw milk production projected to decline by 2.8% to 40.79 million tons [3] - The average daily spray-dried fresh milk from leading dairy companies decreased from 20,000 tons in April 2024 to 13,000 tons in April 2025, indicating a positive trend in supply adjustment [3] Group 3 - The market is anticipated to reach a supply-demand balance in the third quarter of 2025, driven by the exit of small farms and consumer stimulus policies [4] - The industry is advised to explore potential milk consumption, continue to reduce production capacity to achieve supply-demand balance, and expand controllable milk sources to stabilize the market [4] - Recommendations include establishing a raw milk supply quota system based on agricultural resources in various provinces to protect the interests of farmers [4]

Core Viewpoint - The ninth "International Symposium on Dairy Cow Nutrition and Milk Quality" was held in Beijing, focusing on building a sustainable dairy industry and providing a platform for international exchange among dairy practitioners and experts [1][2] Group 1: Global Dairy Industry Trends - Global dairy product production has steadily increased over the past 20 years, reaching 968 million tons in 2023, with Asia contributing 46%, surpassing the EU as the largest region [1] - India has become the world's largest milk producer, with an annual production of 239 million tons [1] - Global per capita dairy consumption has also been on the rise, reaching 118.6 kilograms in 2023 [1] Group 2: China's Dairy Industry Achievements - China's dairy industry has made significant progress over the past 20 years, with milk production expected to reach 40.79 million tons in 2024 [2] - The quality of the dairy industry has improved significantly, with indicators such as milk yield per cow, mechanical milking, feeding practices, and fresh milk quality reaching international advanced levels [1][2] Group 3: Future Directions for Sustainable Development - The report emphasizes three areas of technological innovation for the sustainable development of the global and Chinese dairy industry: reducing costs and dependence on soybeans, ensuring quality and safety, and promoting the integration of agriculture and animal husbandry [2] - The Chinese dairy industry faces challenges such as resource constraints, environmental pressures, and market volatility, necessitating a focus on innovation, green development, quality assurance, and open cooperation for sustainable growth [2]

Core Insights - The "China Agricultural Outlook Report (2025-2034)" predicts a growth trend in dairy production and demand over the next decade, with a stabilization and potential increase in fresh milk prices [1][4] Group 1: Dairy Production - Dairy production is expected to maintain a growth trend, with an estimated production of 4,100 million tons by 2025, a decrease of 1.5% from the previous year, and reaching 5,703 million tons by 2034, with an average annual growth rate of 3.2% [3][4] - The number of dairy cows is projected to slightly decrease, with a total of 11.78 million cows and a dairy production of 4,163 million tons in 2024, reflecting a 2.8% decline from the previous year [1][2] Group 2: Dairy Consumption - Dairy consumption is anticipated to continue increasing, with a projected consumption of 5,506 million tons by 2025, a decrease of 3.3% from the previous year, and reaching 7,581 million tons by 2034, with an average annual growth rate of 2.7% [3][4] - Per capita dairy consumption is expected to rise from 40.7 kg in 2029 to 49.2 kg by 2034, indicating a long-term growth potential in consumer demand [3][4] Group 3: Dairy Imports - Dairy product imports are expected to stop declining and show a slight growth trend, with an estimated import volume of 1,452 million tons (equivalent to fresh milk) by 2025, a decrease of 8.5% from the previous year, and reaching 2,007 million tons by 2034 [4] - The import value of dairy products is projected to stabilize, with a long-term supply gap in the domestic market [4] Group 4: Pricing Trends - Fresh milk prices are expected to stabilize and potentially rise, with an average price range of 3.10 to 3.65 yuan per kilogram anticipated for 2025, following a period of low prices [4] - The ongoing optimization of dairy production capacity and reduction in dairy cow numbers may lead to a turning point in the oversupply situation by the second half of 2025 [4]

3月23日，中国发展高层论坛2025年年会在北京钓鱼台国宾馆举行。本次年会主题为"全面释放发展动能，共促全球经济稳定增长"，与会人士就提振消费与 扩大内需，以科技创新引领新质生产力发展，大健康产业高质量发展等十二个专题进行深入研讨，共话机遇和挑战。伊利集团高级执行总裁刘春喜受邀参 会，并在"大健康产业高质量发展"专题讨论会中，分享了伊利培育"奶业新质生产力"，引领中国奶业为"健康中国"筑牢根基的经验。 伊利集团高级执行总裁刘春喜在"大健康产业高质量发展"专题研讨会上发言 近年来，中国奶业加快培育"奶业新质生产力"，持续打造以牛奶为核心的健康产业链，推动大健康产业的高质量发展，为"健康中国"筑牢根基。作为行业领 军者，伊利集团以科技创新攻关奶业核心技术，以数智升级实现行业全链提质增效，加快形成"奶业新质生产力"，助力推进健康中国建设。 攻关奶业核心技术，为国民营养健康筑基 尽管我国奶业发展水平持续上升，市场规模稳步扩大，但是仍面临着许多关键原料技术被制约的情况。伊利引领行业，通过科技创新，陆续在"奶业精深加 工技术、乳基原料国产化"等奶业瓶颈与技术制约上实现突破。不仅促进行业发展，有的还实现对国外垄断技术的"反 ...

Core Insights - The development level of China's dairy industry has been continuously improving, but the deep processing industry is not fully established, particularly in the supply of key raw materials like whey protein and lactoferrin, which are still constrained by foreign technology [1][2] - A proposal was brought to the National People's Congress to promote the development of the dairy deep processing industry and accelerate industrial upgrades through technological innovation [1] Group 1: Technological Advancements - The lactoferrin extraction and preparation process has seen significant improvements, with the retention rate of lactoferrin in milk increasing from 10% to over 90%, drastically reducing costs from over 20,000 yuan per kilogram to around 5,000-6,000 yuan [1] - The team has achieved breakthroughs in the purification of β-casein and the preparation of whey protein, with the newly developed high-purity β-casein technology exceeding international standards by 20% in yield and achieving a purity of over 80% [2] Group 2: Future Plans and Industry Impact - The company plans to establish a production line for lactoferrin raw material powder at the Yili Modern Smart Health Valley cheese manufacturing base, aiming for industrial-scale production [2] - The focus will continue to be on deep processing research in the dairy industry, with an emphasis on the separation and preparation of high-value raw materials to drive the industry's high-quality development [2]