Nestle establishes second R&D centre in Beijing
According to Nestle senior company officials last Friday, in spite of the global economic slow-down and the impact of the recent milk crisis, China will remain one of the fastest-growing markets with the biggest growth potential for Swiss food and beverage giant Nestle.
Patrice Bula, Chairman and CEO of Nestle China said on Friday, “Nestle China’s sales growth was still strong so far this year, partly due to the high standard products provided for China’s market, which were attested with no melamine.” He also added that Nestle China is expected to see double-digit growth in its sales revenue this year. Read more…
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