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.
【Coca-Cola opens biggest bottling plant in China】相关文章:
★ Classes held undercover to beat study ban
★ Forced labor outlawed for people in detention
★ Obama vows to pursue nuclear cuts with Russia
★ Texas school district embarks on widespread iPad giveaway
★ Half of cooked meat tested substandard
★ Foodies drive gourmet market boom in S. Africa
★ 朗读绕口令 A bitter biting bittern
★ Price hikes brewing for Starbucks drinkers
★ Teheran threatens blockade to counter US
最新
2020-08-21
2020-08-20
2020-08-19
2020-08-06
2020-08-05
2020-08-05