China No Longer Just A Commodity Story - Luxon
China remains New Zealand’s biggest market, taking $23 billion of our exports, but it’s no longer a commodity story, says Prime Minister Christopher Luxon.
The world's largest dairy company, Nestle is spending $23 million to boost its ice cream business in China.
The company has opened a new production line in Tianjin to produce its popular Nestle 8Cubes brand, and is increasing its cold storage capacity in Guangzhou.
Nestle 8Cubes, available only in China, is a bite-size snack of individual ice cream cubes with a crunchy chocolate and sesame seed coating.
“This investment will enhance our ability to meet increasing consumer demand for our products,” says Ouyang Kai, vice president of Nestle Greater China region’s ice cream business unit.
“It also underlines our confidence in the long-term dynamics of the China market.”
Nestle has two ice cream factories in China, which produce Nestle brand products as well as the local brand 5Rams.
The 5Rams brand is known for its range of ice cream cones, which include flavours such as purple yam, lychee, and melon, as well as a selection of ice cream sticks in flavours including red bean, green bean and chestnut.
Nestle says it is looking to a long-term sustainable ice cream business in China.
“In the vibrant Chinese market, to expand production capacity and increase investment demonstrates our Chinese ice cream market confidence and determination, and helps us meet growing Nestle consumer needs.
“We constantly strive to meet consumers’ desire for ice cream products of high quality, innovation and safety,” the company says.
Safer Farms is urging farmers to make sure everyone working on farm has safe, suitable footwear for the job.
The Government is backing work on a community-led water storage scheme that could irrigate up to 11,000 more hectares of the Poverty Bay flats, Agriculture Minister Todd McClay says.
Agri-tech company Herd-i has become a new all-region sponsor of the New Zealand Dairy Industry Awards (NZDIA), the largest nationwide celebration of excellence in the dairy sector.
Four candidates have been confirmed for two director positions on Fonterra’s board.
Returning to the family dairy farm after playing 20 years of professional rugby around the world is no easy task.
After delivering another record farmgate milk price to 100 supplying farms, independent milk processor Tatua is entering thee new financial year with a positive outlook.