Coca-Cola will invest $4 billion in China in three years as the beverage maker responds to the nation’s new normal of economic growth with greater innovations and investments. Henrique Braun, president of Coca-Cola Greater China and South Korea, said Coca-Cola continues to be “excited about the growth opportunities in China”…Full Article: China Daily Sept 2015

Key Points

  • Coca-Cola operates an “innovation center” in Shanghai to develop new beverages and packaging.
  • In 2005, Coca-Cola introduced Minute Maid Pulpy in China. This made-in-China product became a billion dollar brand by 2010.

ChinaAg Comments

  • In China, Sprite, Coca-Cola, and Fanta are the primary drivers of growth for the Coca-Cola Company.
  • In April 2015, Coca-Cola acquired China Culiangwang Beverages (fruit and vegetable drink producer) via the China Green Group for US$400 million. China Culiangwang Beverages Holdings Ltd is based in Hong Kong.
  • As of 2014, Coca-Cola has 43 factories in China and has invested US$9 billion in the country since 1979.
  • In June 2014, Coca-Cola began construction in Harbin, Heilongjiang province, on a factory will that have nine production lines (sparkling and still beverages) and a total capacity of 1.2 million ton per year. The first phase of construction is expected to be completed in 2016.
  • In 1994, Coca Cola built its first factory in Heilongjiang province in Harbin’s Economic-Technological Development Zone and as of 2014, the factory has three production lines (including Coca-Cola, Sprite, Fanta and Ice Dew) and a capacity of 190,000 tons per year.

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