Nestle China Chairman: Tianjin to expand capacity in China

Nestle China Chairman and Chief Executive Officer Bauer September 15 News, Summer Davos forum September 13 15th, held in Tianjin.　　Forum guests, Nestle China's chairman and chief executive, Bauer, said in a dialogue with Sina, Nestle is currently carrying out a new round of capacity expansion, its 22 factories in China, Tianjin plant will expand the largest capacity, and products are sold throughout the country. According to him, Nestle currently has 22 factories in China and Tianjin has 5.　　Choose Tianjin as the main investment of Nestle because "the local government's attitude is very positive, we have a lot of support from Tianjin." Bauer believes China's economy is growing at double-digit rates and will continue in the future. "China has performed well in the financial crisis because of the stimulus package." Now that we see growth rates, like everyone else, we want domestic consumption growth to grow even faster.　　"said Bauer.　　He also said that in the Chinese market has introduced high-end products, the future will continue to the Chinese market to introduce better quality products. It is reported that Nestle's first coffee production line in Shanghai was officially launched this year, with a total investment of 60 million yuan. According to reports, since the Nestle investment in China more than 20 years ago, the direct investment from Switzerland has accumulated more than 8 billion yuan.　　The group has set up 20 factories in 17 different locations in China, and more than 98% of the products now sold in China are made locally. In China, we produce more for China. (Jessie from Tianjin)