Global EditionASIA 中文雙語Fran?ais
    Business
    Home / Business / Companies

    Coca-Cola bottler seeing robust growth in China's recovery

    By Zhong Nan | chinadaily.com.cn | Updated: 2021-03-16 11:17
    Share
    Share - WeChat
    An employee works on a production line of Swire Coca-Cola in Xiamen, East China's Fujian province, on Jan 21, 2021. [Provided to chinadaily.com.cn]

    Swire Coca-Cola Ltd, a bottler of Coca-Cola beverages, will add more investment to advanced production lines, digital supply chains and e-commerce channels in China to maintain robust growth, a senior executive said.

    Thanks to the country's effective control of COVID-19 and quick economic recovery, especially in the area of consumption, Swire Coca-Cola saw its sales revenue grew by 2 percent on a yearly basis to 38.15 billion yuan ($5.86 billion) in 2020.

    Despite lingering uncertainties about the COVID-19 pandemic, Karen So, managing director of Swire Coca-Cola, said China's resilient economy and stable social environment have not only ensured a strong and dynamic domestic consumption market, but also supported the operation of the global supply chain.

    "China's effort to push the dual circulation growth pattern will sustain growth in the coming years, building up strength in both domestic demand and foreign trade to meet challenges in a new development stage," she said, adding the firm's sales revenue surged 34 percent year-on-year in the first two months of this year.

    With a more predictable policy environment and fast-growing market, So said she remains positive on the nation's business outlook and the company will continue to invest in this market, largely due to the government's moves to further reduce barriers to foreign investment and provide more fair and efficient public services.

    Swire Coca-Cola Ltd is adding production lines to its plants across China. Many of them are expected to be operational this year.

    As the fifth largest bottling group in the Coca-Cola system globally, Swire Coca-Cola has partnered with the Coca-Cola Co for over five decades. Supported by more than 23,000 employees, the company currently runs 18 plants in 12 Chinese provinces, autonomous regions and municipalities. They manufacture and distribute soda, tea, coffee, energy drinks and other beverages across China.

    Since traditional sales channels have been altered as more consumers switch to online purchases and choose on-demand delivery services or online-to-offline platforms, So said the company will continue to enrich cooperative content with O2O and fresh produce e-commerce platforms to offer packaging suitable for consumers confined to homes.

    Rising above the challenges brought by the COVID-19 pandemic and the global economic recession, China's actual use of foreign direct investment surged 31.5 percent on a yearly basis to 176.76 billion yuan in the first two months of this year, according to the latest data released by the Ministry of Commerce.

    Top
    BACK TO THE TOP
    English
    Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
    License for publishing multimedia online 0108263

    Registration Number: 130349
    FOLLOW US
    CLOSE
     
    2024最新热播日韩无码| 无码高清不卡| 亚洲av综合avav中文| 中文无码制服丝袜人妻av| 精品国产毛片一区二区无码| 中文字幕第3页| 亚洲国产精品无码久久久久久曰| av无码人妻一区二区三区牛牛| 日韩乱码人妻无码中文视频 | 人妻av无码一区二区三区| 色综合天天综合中文网| 中文字幕精品无码久久久久久3D日动漫 | 在线播放中文字幕| 久久亚洲AV无码西西人体| 日韩午夜福利无码专区a| 中文字幕无码精品三级在线电影| 最近免费中文字幕mv在线电影| 中文在线天堂网WWW| 久久无码国产| 亚洲AV无码一区二区大桥未久| 国产精品无码无需播放器| 无码精品黑人一区二区三区| 一本色道无码道在线观看| 中文字幕一区二区三区日韩精品| 中文字幕热久久久久久久| 久久久人妻精品无码一区| 精品人妻少妇嫩草AV无码专区 | 2024你懂的网站无码内射| 精品无码国产污污污免费网站| 亚洲中久无码永久在线观看同| 麻豆国产精品无码视频| 中文字幕亚洲精品无码| 久久AV高潮AV无码AV| 免费无码午夜福利片69| 亚洲中文字幕无码日韩| 十八禁无码免费网站| 久久久久亚洲Av无码专| 丰满白嫩人妻中出无码| 久久国产三级无码一区二区| 亚洲欧美综合中文| 天堂资源中文最新版在线一区|