The Effect Of Registration Policy On Chinese Milk Powder's Importation

The issue of dairy safety,especially the safety of dairy products for infants and children,has always been an unspeakable pain for our consumers.At the same time,due to the fragility of infants and young children,the quality and safety of infant formula is of utmost importance.The infant milk powder industry is a key component of China's dairy industry,and the Chinese people attach great importance to infant food safety.After experiencing a series of dairy product safety issues,the development of infant milk powder industry is facing a new development situation..However,the infant milk powder market is currently exaggerating its propaganda,misusing the concept,and the phenomenon of pseudo “import” emerges in an endless stream.In this context,the "registration system" came into being.The "registration system" was proposed in 2015 and it began to be implemented in October 2016.The approval of the first batch of formulas began in August 2017 and has thus far attracted widespread attention from all walks of life.Many domestic large-scale dairy enterprises started their "registration system" at the beginning and began to adjust their strategies.They are very optimistic about the Chinese formula milk powder market after the implementation of the policy.The implementation of the “registration system” concerns consumers' renewed confidence in China's milk powder and regulates market chaos so that consumers can more clearly understand consumption and fundamentally safeguard consumers' right to choose and the right to know.In addition,the “registration system” is different from other government policies that forcefully interfere with the market.It only stipulates the market access mechanism,so that enterprises that regulate the operation will not be subjected to unfair competition from market invaders,and improve industry access thresholds.Maintain the stable and healthy development of infant milk powder market.This article explores the impact of the "registration system" on China's milk powder import trade from the micro and macro perspectives.First of all,at the micro level,using the relevant knowledge of game theory,through the study of changes in the market structure before and after the implementation of the "registration system," to analyze the impact of the "registration system" on China's infant milk formula market,and the import of milk powder in China.influences.Secondly,by means of measurement,we explore the impact of the "registration system" on China's milk powder import trade,and examine the influencing factors of China's milk powder import trade from an empirical perspective,and quantitatively analyze the impact of the "registration system" on China's milk powder import trade.In order to understand whether the "registration system" policy can bring substantial changes to the infant milk formula market in China,it will help regulate market chaos,increase consumer confidence in the domestic market,and protect consumers' rights and interests.