The new factory is an extension of the 106-year old Biessenhofen factory, where Nestle has produced hypoallergenic infant formulas since 1987 – as well as infant cereals and other foods, and some adult healthcare products.
The Fukushima plant, hit by the March 11 earthquake and tsunami, has contaminated soil, seawater and drinking water as it leaks radiation, prompting local and overseas consumers to seek safer food supplies. Governments worldwide have also curbed imports of Japanese foodstuffs.
Exhibitors are given a special tag which they can attach to their product. A web portal is also created whereby the exhibitors must upload information in advance. Potential buyers get given their badges which they can scan information about the products they are interested in.
According to the central bank's latest report on the international financial market in 2010, banks made more than 500 billion yuan of cross-border RMB trade settlement in 2010, accounting for 2% of China's total foreign trade value that year and about 48 times the amount in 2009.
"Nansha is able to offer competitive terminal handling costs on top of high service levels," said Maersk's south China chief Soren Karas, adding that trucking an FEU to the Shekou, Chiwan or Yantian terminals on the eastern side of the Pearl in Shenzhen would be US$160 higher from Zhongshan than if the cargo went to Nansha.
MAF spokesperson David Crowe said the little food New Zealand imports from Japan is mostly processed, such as sake, soy sauce, pickled ginger and wasabi.
The website MyExtraGum.com was launched, said the company, to allow consumers to choose from a range of templates, themes, patterns, colours and fonts for a packet of Wrigley Extra gum.
In terms of marketing, the paper said differentiation is key to ensuring the brand stands out. Brand differentiation means the packaging allows the product to outshine its rivals to make “a brand more valuable than the competition in the eyes of the target consumer”.
Major food manufacturers including giants like Sara Lee, Kraft, and ConAgra have been raising prices as commodity costs have soared in recent months – but if a company can provide cheaper alternative ingredients that offer additional benefits, now could be the time to attract new business, the report said.
The report said the decision was made after the European Confederation of Footwear Industries, Europe's largest shoemakers association, withdrew its petition for an extension of tariffs.
The EU began to levy anti-dumping duties ranging from 9.7% to 16.5% on Chinese shoes with leather uppers in 2006 and extended the tariff by a further 15 months in 2009.
In 2010, China overtook Japan to become the world's second-largest economy. It has set a target of 8% for GDP growth for this year. The country is also aiming to record average annual GDP growth of 7 % in each of the next five years.
Speakers from natural health science company Manuka Health New Zealand Ltd said the company's development had the potential to be “a 10-times multiplier” in what could be earned from each kilogram of Manuka honey.
The report, quoting North American Metal Packaging Alliance’s (NAMPA) chairman Dr John Rost, said the only way to ensure public confidence in new materials was through the lengthy route of testing and research followed by regulatory approval. He urged that any legislative deadlines must take this into account.
The package includes money for business recovery coordinators, international visits for exporters to key clients, a trust fund for those in need following the quakes, and more money for workshops and business training.
PepsiCo said the bottle is 100% recyclable and has a molecular structure identical to petroleum-based PET. In addition, the soft drinks maker claims the bottle is identical to PET drinks containers in terms of look, feel and product protection.
Saudi Arabia leads the way with a total of 23 projects valued at $25.6 billion, including the $6 billion Makkah-Madinah Railway Link which is currently under tender for construction.
