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Fonterra Applauds Xi's CIIE Speech Thursday, November 8, 2018 CHINA DAILY HONG KONG EDITION 8 CHINA INTERNATIONAL IMPORT EXPO Time for Fonterra applauds Xi’s CIIE speech companies Company says the address boosts to up their confidence in the Chinese market game in By LIU ZHIHUA in Shanghai Xiamen, Fujian province. [email protected] Fonterra’s consumer China brands, such as Anchor and The China International Anlene, have also signed he washing machine Import Expo is helping to pro­ agreements to sell goods in my apartment vide new business opportuni­ worth 50 million yuan to an recently decided to ties, and President Xi Jinping’s alliance of retailers represent­ down tools after keynote speech at the opening ed by Bailian Group, a State­ Tworking perfectly for 10 years. ceremony was “incredibly owned retail conglomerate in That meant I had to take a encouraging”, said Christina Shanghai. look at what’s on offer in the Zhu, president of dairy compa­ “As the largest company in market to prevent the dirty ny Fonterra China. New Zealand, we boast laundry from piling up. “President Xi said the Chi­ advanced technology and I took a trip to a home appli­ nese economy is like a sea,” she experience in dairy produc­ ance store, and it was like visit­ said. “From his speech, we tion,” Zhu said. “It is our privi­ ing “Tomorrowland”, because I understand China’s determi­ lege to take this opportunity hadn’t checked the appliance nation to maintain the open­ to showcase Fonterra as a sector for years. ing­up policy, and this has trusted dairy nutrition source One washing machine I saw reaffirmed our confidence in to our consumers in China.” allows you to do all your laun­ operating in the Chinese mar­ China is the company’s dry with a few taps on a smart­ ket. largest, most important and phone app. The detergent and “As always, we are commit­ fastest­growing market, softener are preloaded, and the ted to contributing to the Chi­ accounting for about 25 per­ machine allocates a certain nese economy and will grow cent of global sales, she said. amount of each with the China dairy industry.” Fonterra has brought a based on the Fonterra China is the local wide range of products to the A visitor tastes a milkshake at the booth of Fonterra, a global dairy exporter and manufacturer from New Zealand, at the CIIE in volume and arm of Fonterra Co­operative expo, covering consumer Shanghai on Wednesday. WANG ZHUANGFEI / CHINA DAILY texture of the Group, a global dairy exporter brands and food service and clothes you and manufacturer in New ingredients businesses. The place inside. Zealand. products target a range of help participants learn more ing the new market demand good trade relations between milk produced in New Zea­ The sales­ Deals totaling more than 12 potential customers, includ­ about Fonterra and prompt because innovations and new China and New Zealand. land is exported, and Fonter­ Zheng Xin person told me billion yuan ($1.7 billion) have ing mass consumers, baker­ interest in our products,” said technologies allow the com­ Moreover, the Chinese lead­ ra collects more than 85 Reporter’s it was one of been signed at CIIE. ies, coffee shops and Paul Washer, commercial pany to adapt quickly to even ership’s recent statement that percent of that milk, Washer log the most Anchor Food Professional, teahouses, restaurants and all vice­president of Fonterra subtle changes in the market, the country will open up fur­ said. expensive Fonterra’s food service busi­ types of food manufacturers. China. he said. ther has given Fonterra even Fonterra entered China 40 washing machines in the store, ness, has signed a deal to “We’re looking forward to There is an obvious trend in China’s opening­up policy greater confidence to expand years ago. In addition to pro­ as well as the most popular. It provide goods worth 12 bil­ arranging more deals during China for people to include provides greater convenience its business in China, because ducing dairy products, it has seems Chinese consumers lion yuan to Xiamen C&D the expo because the full more dairy products in their and opportunities for foreign dairy exports are vital to New also invested in building envi­ attach more importance to Corp, a large industrial and range of exhibits and the diet, especially fresh milk, and companies, including Fonter­ Zealand and Fonterra. ronmentally friendly farms in quality and innovation than to investment enterprise in interaction at the booth will Fonterra is confident of meet­ ra, which has benefited from About 95 percent of the China. price, and people tend to buy the best products, he said. Why buy a middling prod­ Briefly uct when you could have one Honeywell with better looks, functions and everything else? Hainan welcomes medical technology However, the goods on show benefits as at the China International Liu Cigui, Hainan province’s Party secretary, said during a vis­ Import Expo have surprised me it to the China International Import Expo on Tuesday that even more, including a refriger­ Hainan welcomes companies with the world’s most advanced a result of ator that can make latte coffees medical technology, products and services to start businesses and heat baby formula, and a on the island and take advantage of the preferential policies cooking bench that can be Internet granted to the Boao Lecheng International Medical Tourism turned into a barbecue grill. Pilot Zone. A demonstration project launched in 2013, the As China’s standard of living zone has been granted nine preferential policies by the State, Plus boost has constantly improved in including special permission to import medical technology, recent years, the growth of the medical equipment and medicines, and permission to con­ in Shanghai middle class has brought By ZHENG XIN duct cutting­edge stem cell research. [email protected] sweeping economic changes. According to a report by Honeywell International, a Messe Frankfurt hails global showcase McKinsey & Co, China’s bur­ US manufacturing and tech­ Messe Frankfurt, the world’s largest trade fair, congress and geoning middle class is poised nology conglomerate, said event organizer, said it considers CIIE a great platform to to become the principal driver China’s Internet Plus strategy showcase its offerings to global clients and show them the of consumer spending. is providing huge opportuni­ A Honeywell staff member simulates dangerous working conditions via virtual reality at the business potential in emerging companies in economies The new, more globally ties to develop and deliver company’s booth at the CIIE. FENG YONGBIN / CHINA DAILY involved in the Belt and Road Initiative. Stephan Buurma, a minded generation of Chinese innovative connected prod­ Messe Frankfurt Group board member, said China has always will exercise disproportionate ucts, services and solutions been and will continue to be a market of vitality for trade, and influence in the market, and that help address challenges China saw double­digit adding that Honeywell’s con­ Asia­Pacific, and safety and that the company plans to introduce more high­end industrial this is forcing multinational intelligently. growth last year, accounting nected supply chain solution, productivity solutions in Chi­ and trade fairs to the country. corporations to come up with “Honeywell will make every for more than 20 percent of its Connected Freight, has made na and India, at the signing the best of what they have to effort to integrate with China’s global growth. its China debut at the expo. ceremony in Shanghai. meet the demands of picky booming economy. That’s why On Wednesday, the compa­ Other key technologies dis­ Logistics has become one of Agreement focuses on helicopters and particular Chinese con­ we have exhibited the leading ny signed cooperation agree­ played at the expo include China’s pillar industries, and Italian export credit company SACE SIMEST and Bank of Chi­ sumers. connected technologies at the ments with State­owned connected aircraft solutions cooperation with Hisense will na’s Milan branch signed a memorandum of understanding at China has become many China International Import chemical producer Sinochem for airlines, business jets, gen­ help optimize the nation’s CIIE to develop opportunities for trade and investment companies’ largest overseas Expo in Shanghai, the first and with Baosteel, one of Chi­ eral aviation and helicopters. logistics ecological system between Italy and China. Under the agreement, the two par­ market and largest overseas import­themed national­level na’s largest steel manufactur­ On Monday, the company with reductions of emissions ties will assist Chinese enterprises to import goods and servi­ revenue contributor, and none expo,” said Shane Tedjarati, ing groups, to provide signed a memorandum of and costs, he said, adding that ces from Italy, giving high priority to aviation transactions, will want to miss out. Honeywell’s president of high­ connected plant technologies understanding with Hisense, connectivity will represent a especially the import of civilian helicopters. The MoU is a fol­ Multinational companies growth regions. and artificial intelligence tech­ a consumer electronics man­ large portion of the company’s low­up to a partnership deal signed in August in Beijing are showcasing their strengths “In recent years, China has nologies in Chinese factories ufacturer in Qingdao, Shan­ growth over the coming years. between Cassa Depositi e Prestiti and Bank of China, which at CIIE in Shanghai. Whirl­ undergone an amazing digital to achieve advanced intercon­ dong province, to establish a According to the China Fed­ aims to expand collaboration in export finance. pool, for example, has intro­ revolution, which is trans­ nected plants. connected logistics network eration of Logistics and Pur­ duced its latest W series, while forming the way we live and Honeywell has introduced a platform in China.
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