China Approves JV Between Mengniu And Danone
Chinese dairy company Mengniu published a report stating that its joint venture project with Danone, which was first raised in May 2013, is now in the process of setting up.
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Nestle To Create New Milk Source In Inner Mongolia
The Swiss food and beverage firm Nestle has signed a cooperation agreement with local government of Hulunbeier, Inner Mongolia Autonomous Region, to establish a new milk source zone.
Rural Tourism Gains Local Government Boost
In line with China's policy of developing rural tourism, it is learned that the Tianjin Municipal People's Government will set up a special fund to support the development of tourism villages.