China Travel & Tourism News
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Coca-Cola plans six more bottling plants in China
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| 29-Oct-2002 - |
Coca-Cola (China) Beverages Ltd announced recently plans to invest 150 million US dollars in six new bottling plants in China in the next two or three years. Paul Etchells, president of the company, said the planned investment would increase the company's total number of bottling plants in China to 34. At a ceremony marking the fifth founding anniversary of Chengdu Coca-Cola Beverages Ltd, Etchells said the planned investment would enable the company to get a larger share of the soft drink market in China and create nearly 100,000 more jobs. Since its entry into China in 1979, the soft drink giant has invested 1.1 billion US dollars in the country and created 414,000jobs. Etchells was appointed president of Coca-Cola (China) Beverages in January. |
| 29-Oct-2002 - |
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