Our sources indicate that when
the amended China Food Safety Law comes out, there will be an endorsement of
food safety liability insurance. With official encouragement, CFDA will
be charged to oversee some pilot programs in key provinces for such insurance
on "high risk products" like formula milk.
At its last Summit,
June 14-15, GFSF updated members on its work on food safety liability insurance
products started in 2013 and will soon be announcing a series of satellite
meetings in China provinces to discuss new food safety liability products for
corporate members, targeting recall and contamination for suppliers and buyers
in traded product from China.
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