Follow Hong Kong Investment Immigration and Life in Hong Kong: On the 7th, Ko Wing-man, Secretary for Food and Health of the Hong Kong SAR Government, stated that he is very concerned about the supply of infant formula in the market from now until the peak demand period of the Lunar New Year, and that the milk powder export restrictions will not be lifted for the time being.
After attending a public event on the 7th, Ko Wing-man told the media that efforts must be made in three areas to ensure that Hong Kong's infant formula retail market can smoothly transition through the peak demand period of the Lunar New Year. These include: improving the supply chain for infant formula; continuing to maintain the milk powder export restriction arrangements; and strengthening the crackdown on parallel trading activities involving formula milk powder.
Regarding the milk powder export restriction arrangements, Ko Wing-man stated that even with these arrangements in place, the results of stress tests have not been ideal; therefore, as a fundamental and important measure to suppress parallel trading activities, the export restrictions must continue.
Ko Wing-man expressed hope that by combining these efforts, it will help Hong Kong's infant formula retail market get through the upcoming Lunar New Year peak demand period and ensure that local parents can purchase sufficient formula for their infants.
It is understood that the Food and Health Bureau will continue to discuss and monitor the work of milk powder suppliers and retailers in the short term, urging them to implement improvements to the overall infant formula supply chain.
