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China Daily / 2024-06 / 28 / Page013

PepsiCo retains full confidence in Chinese market

By CHENG YU and ZHANG XIAOMIN in Dalian, Liaoning | China Daily | Updated: 2024-06-28 00:00
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China presents "pockets of opportunities" for PepsiCo's growth, as the US multinational food and beverages company has been stepping up investments in the domestic market, a top executive said on Thursday.

Anne Tse, CEO of PepsiCo Greater China Region and chief consumer officer of PepsiCo Asia-Pacific, said China is one of the most important markets for PepsiCo, as proven over the past few years, and is also one of fastest growing markets globally.

"It is also a market that, because of its dynamic nature, has proven itself to be a source of inspiration for a lot of innovations, which present pockets of opportunities for multinationals like PepsiCo," Tse said in an exclusive interview with China Daily during the 15th World Economic Forum Annual Meeting of the New Champions, also known as the Summer Davos Forum, that concluded in Dalian, Northeast China's Liaoning province, on Thursday.

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