Coca-Cola opens biggest bottling plant in China
China is Coca-Cola's third-largest market in the world after the United States and Mexico. Its sales volume expanded by 13 percent in 2011, maintaining double-digit growth for nine years in the past decade.
The consumption of Coca-Cola products in China now makes up about 8 percent of the company's global volume.
"China is a vast growth market for Coca-Cola. As we work to double the size of our global business, China will play a leading role," Kent said.
While Coca-Cola is expanding its production and distribution in China, its competitor, PepsiCo Inc, was selling part of its bottling business.
PepsiCo agreed in November to sell its interest in 24 soft drink bottlers in China to the Hong Kong-listed Tingyi Holdings Corp.
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