Abbott and Fonterra have signed an agreement to jointly build a cow breeding base in China.
New Zealand-based Fonterra Co-operative Group has announced plans to build 30 pastures in China before 2020.
Zong Qinghou, founder and chairman of China's Wahaha Group, reportedly plans to invest over CNY200 million to set up a dairy processing plant in Busselton in Western Australia.
Information from Nestle revealed that the company has invested CNY180 million in the building of a world-class dairy management and training center in Shuangcheng, Heilongjiang province, aiming to provide training to Chinese dairy farmers.
COFCO, the major shareholder of the Chinese dairy company Mengniu, has announced that Mengniu's manufacturing base in the southwestern area of China has been completed and put into production.