Cargill to build syrup production base in China's Zhejiang

SHANGHAI, June 20 (Xinhua) -- U.S.-based agriculture and food company Cargill announced Monday that it will invest nearly 30 million U.S. dollars to build a flavor-syrup production base in the city of Pinghu, Zhejiang Province.

Construction of the base began on Monday, with production expected to start in the spring of 2023.

Liu Jun, president of Cargill China, said that Cargill is establishing the base because it has full confidence in the Chinese market.

"China will be one of the most attractive food ingredient markets in the world in the future," said Liu.

The base includes a flavor-syrup production line and a catering research and development center. After being put into production, it will mainly produce customized small-package flavor-syrup products.

Editor: Duan JIng
Today’s Recommendations

Infographics | Highlights of China-Africa trade cooperation

Since the 2018 Forum on China-Africa Cooperation in Beijing, China and Africa have enhanced their solidarity and mutual trust, especially during the COVID-19 pandemic. Here are some statistics from the trade cooperation between China and Africa. These figures demonstrate the confidence of Chinese enterprises in Africa's future and the prospects of the African market.【detailed】

Economic Watch: Road, trade and exchange, China and ASEAN countries forge closer community

A handful of seashells are on display in a museum in southwest China's border province of Yunnan, recording the country's past history of international communication.【detailed】