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Nestlé launches new plant-based meat brand in China

With the launch of its plant-based meat brand Harvest Gourmet, Nestlé is moving into China's meat substitute market, a market that has seen a...

Nestlé sells Yinlu food businesses

Nestlé will sell its food brand Yinlu to the Chinese company Food Wise, but Yinlu will continue to manufacture and sell Nestlé products. The...

Nestlé is going vegan in China

Nestlé is expanding its operational presence in China with investments in two production facilities located in Tianjin: a pet food plant and a facility...

Nestlé still in M&A mode

Despite the coronavirus crisis, Nestlé is still on the outlook for potential mergers and acquisitions. Who they will acquire exactly is not clear yet,...

Nestlé & Kidswant launch DSCC

Nestlé recently launched a Smart "Digital Supply Chain Center" (DSCC) in Beijing, together with its business partner Kidswant, a maternity-infant-children specialty retailer. DSCCs are data and...

Infant formula makers test new waters in China

An increasing number of Chinese parents is looking for safe and natural products for their children, consequently, organic infant formula is still the most...

Nestlé opens new Gerber cereal snack plant in China

Nestlé opened a production factory for Gerber Nutripuff, which is a cereal snack for babies, in China. The USD 14 million plant located in...

Nestlé China sets packaging challenge

Nestlé gives the students of Beijing and Tsinghua university a challenge: they have five months to come up with new packaging ideas and business...

Nestlé expands its Chinese baby milk business

Nestlé plans to expand its baby milk business in China by launching a new line aimed at smaller cities. In the past, the Swiss...

Nestlé’s start into the year better than expected

Nestlé's first-quarter sales grew higher than expected, and now the company is well on track to meet its goal of a 3 percent organic...

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Renminbi Hub in Switzerland has 13 partner banks

In 2016, the China Construction Bank (CBC) established the Renminbi Hub in Switzerland and since then, is developing cross-border business with the currency in...
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China 2020 Economic Report

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