Current location:World Window news portal > sport
New Zealand's dairy giant looks to expand business in China
World Window news portal2024-05-08 23:34:49【sport】9People 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://www.samacharpostdainik.com/news-21d099889.html
Very good!(71)
Related articles
- China Ready to Join Chile for Stronger Comprehensive Strategic Partnership, Says Xi
- Canha's 2
- US works to prevent an escalation across the Mideast as Biden pushes Israel to show restraint
- Chinese, Ethiopian education institutions agree to promote skills development in technology
- China to expand pilot program for reform of medical services pricing
- Russian businessman's tea journey to China
- China's Xizang dubs 108 films into Tibetan language in 2023
- China to launch national survey on cultural relics
- Protein markers tied to chemotherapy success
- Craft Project fair held in old Damascus, Syria
Popular articles
Recommended
Xi Stresses Enhancing Integrated National Strategies, Strategic Capabilities
InPics: People celebrate Laba Festival in Beijing
China registers progress in crackdown on cultural relic crimes
Winners of the 2024 Olivier Awards celebrating work on the London stage
Experts call for halt to toxic water discharge
Celebrations of Miao New Year and Guzang Festival held in SW China's Guizhou
Seeing purple: Fans get a new track color and maybe record
Joan Deslandes: From learning Chinese to becoming global citizens
Links
- In China, a factory is turning old wedding photographs into fuel
- 'Unusually cool March': Cold but clear weather for Easter weekend
- Te reo Māori: Govt seeks to halt extra pay for public servants fluent in the language
- Homicide investigation launched after body found in Hastings
- Stranded livestock land in Australia after Red Sea turn
- Scrapping NZ battery project 'short
- Donetsk: Deadly blast hits market in Russia
- Foreign Affairs Minister Winston Peters to resume 'Pacific reset' plan again
- Nelson urgently needs revitalisation as economic performance slumps
- Foreign Affairs Minister Winston Peters praises US engagement in the Pacific