Abbott and Fonterra have signed an agreement to jointly build a cow breeding base in China.
A top executive from Abbott recently presented at the China International Food Safety & Quality Conference 2012 and said the company is building a state-of-the-art nutrition manufacturing plant in Jiaxing.
The European sports supplies retailer Decathlon has announced that it will further promote its development in China and plans to open up to ten new stores in the country in 2010.
After the entry of Hongcheng Building and Hongkelong, another large department store brand Rainbow Department Store will open a new outlet in Nanchang's Honggu Beach.
Having reached its goal of opening in 317 cities around China, ITAT Group, one of the largest multi-brand apparel retailers in China, has opened its first Sunshine Store in Jiaxing, Zhejiang.