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Execs laud Xi's keynote remarks at 4th CIIE (IV)

By Zhou Wenting, Xing Yi and Shi Jing | chinadaily.com.cn | Updated: 2021-11-06 06:40
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Zeng Xiwen, vice president of public affairs for Unilever North Asia

As the first major economy in the world to return to growth in the post-COVID era, China's role in the world economy has become increasingly important. Unilever was one of the earliest multinational enterprises to enter the Chinese market and has been deeply engaged in the country for more than 30 years. With the rapid growth of its economy, the Chinese market has become one of the top three key growth markets for Unilever globally.

As we have seen China's continued opening-up, this has strengthened our confidence in long-term investment and the development of the Chinese market, where Unilever has already invested more than $3 billion. During the last two years, two of Unilever’s factories in China have been listed in the world-class "lighthouse network". And just last month, we invested a further 130 million euros ($150 million) to build a "zero-carbon" plant in Guangzhou. We firmly believe that the growth of the Chinese market will lead Unilever's global growth in the future.

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