PepsiCo is mixing business with ambition as it reinforces its commitment to the Chinese economy! 🚀 The global snack and beverage giant announced plans to build a new production facility in Xi’an, aligning with China’s push to develop its western regions. Daniel Shih, PepsiCo APAC’s corporate affairs VP, told CGTN the company aims to be a ‘contributor to the success’ of the world’s second-largest economy.
🌆 Xi’an, a historic hub along the ancient Silk Road, now becomes a launchpad for PepsiCo’s modern expansion. The move follows China’s ‘Go West’ strategy to boost economic growth in inland areas – and young entrepreneurs are watching closely for opportunities in supply chains and regional development.
Shih emphasized PepsiCo’s long-term vision: ‘From potato farms to beverage plants, we’re investing in sustainable growth that pairs global expertise with local needs.’ The company currently operates over 40 sites across the Chinese mainland, with this new plant adding fuel to China’s consumer-driven economy. 📈
For global market watchers: This isn’t just about soda and chips. It’s a fizzy signal of foreign investor confidence in China’s evolving economic landscape. 🥤💼
