It's different. Black and white condensed milk is a viscous product made of raw milk or dairy products with or without food additives and nutritional fortifiers. Panda condensed milk is made by adding auxiliary materials on the basis of evaporated milk. So black and white condensed milk tastes different from panda condensed milk. Condensed milk is a kind of dairy products, which is a beverage made of fresh milk or goat milk after disinfection and concentration. It is characterized by long-term preservation.