Current location:World Weave news portal > world
New Zealand's dairy giant looks to expand business in China
World Weave news portal2024-05-21 14:31:23【world】4People have gathered around
Introduction(Xinhua) 09:05, February 20, 2024WELLINGTON, Feb. 19 (Xinhua) -- New Zealand's dairy giant Fonterra
WELLINGTON, Feb. 19 (Xinhua) -- New Zealand's dairy giant Fonterra plans to expand its food service business to more second- and third-tier cities in China by enhancing its products through investment in innovation, continuous menu development, and strengthening its offerings in Chinese cuisine.
"Fonterra has had a lot of success in China. China is one of Fonterra's most important strategic markets," Teh-han Chow, Fonterra's Greater China chief executive, told Xinhua.
Owned by New Zealand farmers, Fonterra has benefitted greatly from the healthy bilateral relationship between New Zealand and China, Chow said, adding over the years, Fonterra has witnessed tremendous business growth through partnering and collaborating with local customers in the areas of nutrition, innovation and sustainability.
There is strong alignment between Fonterra's priorities and those of the Chinese government, such as nutritional targets for dairy consumption and China's emissions reduction targets, he said.
"The China market is showing strong signs of recovery post-COVID. Over the years, dairy consumption has grown significantly in China and is expected to continue to do so," Chow said, adding Fonterra combines high-quality New Zealand dairy products with Chinese consumer preferences to develop new and innovative products.
Fonterra opened its fifth Fonterra Application Center in Shenzhen in 2023 and recently upgraded its application centers in Shanghai and Beijing.
Address of this article:http://macedonia.soorot.com/article-65e299911.html
Very good!(67)
Related articles
- A warrant for Netanyahu’s arrest was requested. But no decision was made about whether to issue it
- Goldman Sachs upbeat on A shares
- 'Flying Apsaras' takes flight in Beijing, set for nationwide tour
- Egyptian, Chinese students mark UN Chinese Language Day in Cairo
- French sports minister calls for sanctions after Monaco player tapes over anti
- Popular Chinese crosstalk comedians bring laughter, cultural charisma to London
- Popular Chinese crosstalk comedians bring laughter, cultural charisma to London
- After a near
- Storms damage homes in Oklahoma and Kansas. But in Houston, most power is restored
- Rangers finish off sweep of the Capitals, move on to the 2nd round of the NHL playoffs
Popular articles
Recommended
Shohei Ohtani's first walk
Exodus at GB News continues: Pip Tomson becomes third star to quit in just three months
Who is Humza Yousaf's wife Nadia El
Students in UK wowed by time
With Djokovic awaiting the winner, Murray trails Hanfmann at rain
GOP lawmakers in Kansas are moving to override the veto of a ban on gender care for minors
Huairou set for Beijing film festival
English Premier League takes another step toward introducing a spending cap
Links
- French security forces work to regain control of airport highway in violence
- Golden girl! Cate Blanchett receives a four
- Mbappe confirms PSG exit at end of season
- China's national library starts collecting representative documentaries
- Man City hit top spot with emphatic win at Fulham
- Saudi Arabia's 88
- Emma Stone has sweet reaction to being called her birth name by a reporter at Cannes Film Festival
- Arango, Gómez each score 2 goals, RSL rallies for 5
- Jude Bellingham is caught trying to put off England team
- China take men's, women's doubles titles at WTT Saudi Smash