Nestle plans to invest billions of yuan each year in China market.

»Nestle SA is expected to spend billions of yuan each year in China market in the following years,in an attempt to increase its sales in the market, said Roland Decorvet, Chairman and CEO of Greater China.

»Nestle's sales of the China market was 2.8 billion swiss francs(20.4 billion yuan), only 2.5% of the 109.7 billion swiss francs(758 billion yuan) global sales.

»Despite a low share, Nestle China remains one of the company's most fast-growing markets with a year-on-year sales growth of 15% in 2010.

Source:caijing