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 / Policies

Robust demand lifts fortunes of US companies

By Wang Zhuoqiong | China Daily | Updated: 2020-08-21 09:33
Share
Share - WeChat
Shoppers try out Apple Inc's smartphones at a shop in Nanjing, capital of Jiangsu province. [Photo by Yang Suping/For China Daily]

Resurgent demand in China for better quality and high-end consumer products has boosted the overseas footprint of US retailers and consumer product companies, executives of top US companies said.

Will Song, chairman of Johnson& Johnson in China, reaffirmed that China is one of the fastest growing global markets for the US-based multinational company."We have been present in China for 35 years. China is certainly the key growth engine for our global business growth and the country is becoming an important innovation engine."

J&J China reported a solid performance during the second quarter of the year, with its medical devices business reporting double-digit growth. The company's China business includes medical devices, pharmaceuticals, consumer health and vision products. By banking on local innovation and high-end intelligent manufacturing, J&J has been able to foster an open, creative innovation ecosystem in the country.

"The massive growth potential in the Chinese market, fueled by the public's pursuit of high-quality healthcare products and innovation, will continue to build China into a global innovation engine," Song said.

Megan Zhang, vice-president of marketing and store development at Skechers, a US sportswear brand, said the epidemic prevention and control measures of the Chinese government have been a confidence booster for companies. The sportswear brand opened 150 new stores in China during the first six months of this year and has plans to add another 350 stores by the end of this year. The number has been adjusted from the 900 new stores planned originally for this year due to the impact of the pandemic. At present, Skechers has more than 2,700 stores in China.

US beverage and snack company PepsiCo Inc further expanded its product portfolio in the country in June by acquiring Hangzhou Haomusi Food Co Ltd, one of the largest convenience food companies in China. The move is in line with the US firm's commitment to be a leading consumer-centric food and beverage company in China.

Ram Krishnan, CEO of PepsiCo's APAC sector, said the deal is a major milestone in the company's "In China, For China, With China" commitment. "PepsiCo has invested over 53 billion yuan ($740 million) over the last 10 years in China, which continues to be one of our most important markets globally," said the CEO.

Zhao Ping, vice-president of the China Council for the Promotion of International Trade Academy, said that China has been the only market in the world that witnessed a positive growth trend of 3.2 percent in the second quarter of this year. This has been instrumental in the recovery of international consumption enterprises, said Zhao.

The total retail consumption revenue in China in July is almost at the same level as that of last year. As the world's second-largest consumption market, the significance of the Chinese market is irreplaceable and the opportunities are tremendous for international consumer brands given the country's continuous opening-up policies and improving business environment, said Zhao.

Jason Yu, general manager of Kantar Worldpanel China, said that China is a market that international brands cannot afford to ignore."International brands, particularly US brands, cannot afford to miss the growth opportunities in China as it will significantly impact their global business blueprint."

The Chinese fast-moving consumer goods segment has been seeing a recovery of sorts from the second quarter of the year, despite the 2-percent decline during the first half, Kantar said in a report. The sector is likely to witness positive growth in the second half as the epidemic control measures are bearing fruit. There is a strong demand for quality and sophisticated global brands in China, said Yu.

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: 国产大乳喷奶水在线看 | 中文在线com | 97国内免费久久久久久久久久 | 亚洲gogo人体大胆西西安徽 | 7799国产精品久久久久99 | 欧美一级片免费在线观看 | 亚洲视频二 | 久久中文字幕综合不卡一二区 | 美女视频永久黄网站在线观看 | 天堂av影院 | a毛片免费视频 | 欧美老妇b | 另类专区国产在线视频 | 国产做a爰片久久毛片a | 国产精品久久国产三级国不卡顿 | 久久精品国产亚洲网址 | 国产v片成人影院在线观看 国产v片在线播放免费观 | 狼人青草久久网尹人 | 免费一级大片 | 在线免费看黄色 | 欧美一区二区精品系列在线观看 | 国产乱弄视频在线观看 | 免费观看亚洲 | 久久在线观看免费视频 | 日韩 欧美 自拍 | 国产亚洲精品一区二区三区 | 男人毛片 | 亚洲国产成人久久综合一区 | 成人手机在线视频 | www国产视频| 欧美成人a大片 | 亚洲精品午夜国产va久久成人 | 日本香蕉一区二区三区 | 久久综合精品不卡一区二区 | 欧美成人性色xxxx视频 | 视频一区精品 | 中文字幕在线日韩 | 手机在线看a | 波多野结衣3女同在线观看 波多野结衣aⅴ在线 | 成人亚洲欧美日韩在线 | 成人免费网站视频 |