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Wahaha To Expand Into Health Products, Invest In High-Tech Companies

April 13, 2018: 12:00 AM EST
The founder and chairman of China’s Hangzhou Wahaha Group says he wants to “ramp up efforts on health products” to battle problems such as diabetes, obesity, and insomnia. The Chinese health product market was valued at $64 billion in 2017; more than 16,000 products are registered and approved for production. Zong Qinghou said Wahaha invest in high-tech and advanced manufacturing companies by partnering with experienced industry leaders. Wahaha is the largest beverage producer in China.
"Nutrition to be top focus for Wahaha", China Daily, April 13, 2018, © China Daily
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