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GFSF serves as an industry platform to help improve food safety in the Asian market. This blog offers the most up-to-date news on Asia's food safety events.

Wednesday, June 18, 2014

Wal-Mart China and Food Safety Spending

"Wal-Mart China to raise food safety spending to $48 million"

Daily Press: June 17, 2014







In continuing their efforts to build on food safety, Wal-Mart Stores Inc. announced yesterday that it would increase its spending on this issue to $48.32 million. The food and grocery market in China is estimated to reach $1.5 trillion in 2016 – a fact that has not been lost by big name retailers, nor has the topic of food safety. Two new developments that Walmart will include in its efforts include expanding DNA testing for its meat products and reaching more stores via two mobile safety labs. 

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