久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

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

Consumption upgrade spurs Cargill expansion

By Zhong Nan | China Daily | Updated: 2019-04-15 10:07
Share
Share - WeChat
Employees sort meat products at a Chuzhou, Anhui province-based processing facility in which Cargill Inc has a stake. [Photo/IC]

Cargill Inc, the Minnesota-based agricultural giant, plans to invest more in China's value-added oil, animal protein and beauty care sectors.

The decision comes in the wake of China's multiple measures to diversify the supply of quality products and services to drive its economic growth, Cargill executives said.

Cargill's first beauty care regional office for Asia-Pacific opened with the launch of an application lab in China in late February.

The lab will deliver nature-derived, label-friendly and functional ingredients to Asian personal care markets. It has made strong investments in agricultural supply chain, starch sugar production and meat production this year.

Urban residents tend to reduce carbohydrate intake and increase their protein intake, and as income levels rise, they are concerned about the quality of food, and the consumption of healthy convenience foods and animal protein is increasing, said Ma Zheng, vice-president of Cargill China.

"This trend has become fairly clear in China," he said, adding one of the company's major challenges is how to work with its business partners to meet the changing and escalating needs of consumers.

Demand for certain foods is driven by factors like taste, nutrition and food safety, as well as other consumer preferences, he said.

"As more consumers are aspiring for a better life, and chase high-quality cosmetics products than ever before, Cargill's forays into the beauty business will help deliver products that can meet consumer preferences for natural and sustainable ingredients, said Ma.

Cargill selected Shanghai as its regional headquarters for its new personal care platform - Cargill Beauty for Asia. Launched in April 2017, the Cargill business unit, which supplies ingredients and materials to cosmetics manufacturers, has expanded its team fast.

They perform functions from marketing and sales to product management and application in China.

After six months of preparations and construction, its first personal care lab has been set up to advance research and applications. The food hub, called the Cargill Shanghai Innovation Center, will underline learning and sharing of food industry expertise.

The new application lab aims to better meet Chinese consumers' needs by adding Cargill's sustainable, label-friendly and nature-derived portfolio, said Tony Jaillot, general manager of Cargill Beauty.

He said Chinese culture has a long history in botanical and traditional Chinese medicine. Consumers in this market prefer nature-derived formulas in skincare products.

In a survey-based report published by Beijing-based China Youth Daily in early March, about 43 percent of 1,865 Chinese female respondents said they spend an average of 500 yuan to 2,000 yuan ($74 to $298) every year on makeup.

Nearly 27 percent of respondents said they spend 2,000 yuan to 5,000 yuan a year on makeup.

Over 70 percent of those surveyed said it was necessary to apply makeup for events such as important meetings or gatherings. Over half of them said makeup was necessary when they go to work.

"Owing to this long-standing tradition, the new natural ingredients concept and offerings truly resonate with Chinese consumers," said Jaillot. "With increasing air pollution in Asian countries in recent years, people look to ways to anchor themselves in nature to find balance in their everyday lives."

As China continues its supply-side structural reform, consumption has been playing an increasingly important role in the economy, contributing 76.2 percent of GDP growth in 2018.

With a big consumer base and an expanding middle-income group, consumption will remain a major driver of growth, while policies to increase people's incomes, improve the quality of products and services will further unleash its potential, said Guo Xin, a marketing professor at Beijing Technology and Business University.

After bringing a wide range of products, including beef, cocoa, chocolate, edible oil and other goods, to the first China International Import Expo, Cargill has signed a contract to participate in the second in early November this year.

Cargill currently has 155,000 employees across 70 countries and regions, with its revenues and earnings reaching $114.69 billion and $3.2 billion in 2018. Supported by more than 10,000 employees in China, Cargill operates in over 50-plus locations on the mainland.

Its businesses in China include grain and oilseed supply chain, animal nutrition, animal protein, starches and sweeteners, edible oils solutions, texturizing solutions, structured finance, metals and shipping, beauty and personal care.

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
 
主站蜘蛛池模板: 爱爱客影院在线影院gf发现 | 久久久久久综合对白国产 | 亚洲好逼| 精品久久香蕉国产线看观看亚洲 | 午夜国产高清精品一区免费 | 国产精品久久久久久久网站 | 国产精品国三级国产aⅴ | 国产精品blacked在线 | 成年网站免费 | 国内精品免费一区二区三区 | 涩里番资源网站在线观看 | 日韩欧美中文字幕在线播放 | 国产主播精品福利19禁vip | 日韩黄色在线 | 三级毛片三级毛片 | 日韩一级欧美一级 | 成人a毛片手机免费播放 | 国产在线播放成人免费 | 成人a毛片| 欧美精品色精品一区二区三区 | 小明台湾成人永久免费看看 | 香港三级网站 | 女人张开双腿让男人桶完整 | 成人免费观看www在线 | 高清国产美女一级毛片 | 成人黄色在线视频 | 国产深夜福利在线观看网站 | 亚洲国产成人久久一区www | 香蕉超级碰碰碰97视频在线观看 | 日韩欧美精品一区二区三区 | 成人毛片免费观看视频 | 国产成人麻豆tv在线观看 | 国产亚洲精品yxsp | 国产三级精品在线 | 亚洲国产精品第一区二区三区 | 欧美大片在线播放 | 玖玖精品国产 | 免费在线观看a | 国产精品嘿咻嘿咻在线播放 | 美女扒开双腿让男人桶 | 国产成人福利视频在线观看 |