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During the 9th China International Import Expo, Ma Kais, the chairman and CEO of Nestlé Greater China, said in an interview with media including Surge News that although the development of the Chinese business has had ups and downs over the past period, he is happy to see that the business is returning to a positive development path. “In the future, we will continue to take root and invest in China, more closely integrate global R&D capabilities with local insight, and seize new opportunities through long-term investment and continuous innovation.” In terms of investment, Ma Kaisi said that since 2020, Nestlé has invested more than 6 billion yuan in fixed assets in China to further expand its business in China, particularly in fields such as high-tech and highly innovative infant formula and pet food. Among them, an additional investment of nearly 1 billion yuan has been added in China since this year, including upgrading production capacity, digitizing automation and improving efficiency.
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During the 9th China International Import Expo, Ma Kais, the chairman and CEO of Nestlé Greater China, said in an interview with media including Surge News that although the development of the Chinese business has had ups and downs over the past period, he is happy to see that the business is returning to a positive development path. “In the future, we will continue to take root and invest in China, more closely integrate global R&D capabilities with local insight, and seize new opportunities through long-term investment and continuous innovation.” In terms of investment, Ma Kaisi said that since 2020, Nestlé has invested more than 6 billion yuan in fixed assets in China to further expand its business in China, particularly in fields such as high-tech and highly innovative infant formula and pet food. Among them, an additional investment of nearly 1 billion yuan has been added in China since this year, including upgrading production capacity, digitizing automation and improving efficiency.
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