In response to frequent food safety issues identified over a period of time at Sam's Club's offline stores and online outlets, China's State Administration for Market Regulation (SAMR) has recently conducted a regulatory interview with the person in charge of Walmart (China) Investment Co., Ltd. (i.e. Sam's Club headquarters) in accordance with the law, the SAMR announced. The regulator required the company to strictly comply with the Food Safety Law of the People's Republic of China, as well as regulations including the Provisions on the Supervision and Administration of Food Sales Chain Enterprises in Implementing Main Responsibility for Food Safety and the Provisions on the Supervision and Administration of Online Food Sales Operators in Implementing Main Responsibility for Food Safety. Related NewsInflation Rate YoY for May in China is 1.2%, unchanged from its last period. The forecast was 1.3%.The company was urged to strengthen food safety awareness, rigorously fulfill its primary responsibility for food safety, proactively practice corporate social responsibility, strictly guard against food safety risks across the entire supply chain, and effectively safeguard public dietary safety.
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