Employees within our companies in China serve customers and patients through their work in finance, human resources, information technology, marketing and sales.

They put their passion to work to help customers live better and healthier lives. They can pursue a wide range of opportunities for development and advancement. Best of all, they are a well-integrated part of our global network of colleagues who touch the lives of more than a billion people around the world every day.

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PepsiCo’s products are loved by millions of Chinese consumers. Our major brands in Greater China include PepsiCo, Minute Maid, Seven Happiness, Fruit of the Loom, Gatorade, Pure Water, Lox, Quaker Oats, Doritos, Cheetos and Chestnut products.

PepsiCo began its investment in China in 1981 with the establishment of its first bottling plant in Shenzhen, and completed a strategic alliance with Master Kong Holdings in March 2012, creating a leading beverage production network in China with approximately 70 bottling plants and sales channels across the country.

In 1993, PepsiCo’s food business entered China with the introduction of Ritz-Carlton potato chips. Today, PepsiCo’s food business in China has grown to eight food plants. PepsiCo Foods has contributed to the development of agriculture in China and over the past 10 years, more than 10,000 farmers have benefited from PepsiCo’s agricultural programs in China.

In November 2012, PepsiCo opened its new food and beverage innovation and development center, the PepsiCo Asia R&D Center, in Shanghai. The center is PepsiCo’s largest top-tier R&D center outside of North America and a hub for new product, packaging and equipment innovation across its Asian operations.

In August 2018, PepsiCo announced an additional investment of nearly $100 million to expand and renovate its Songjiang food plant in Shanghai, adding new production lines, introducing advanced packaging and warehouse technology, and fully modernizing it. in November 2018, the groundbreaking for the plant’s new investment site was officially opened, making it PepsiCo’s largest potato chip production site in China.

In June 2019, PepsiCo announced a $50 million investment in a new PepsiCo Sichuan production site in the Deyang Economic and Technological Development Zone in Sichuan Province (the “PepsiCo Sichuan Deyang Plant”) to meet growing demand in the central and western regions. The plant is PepsiCo’s first potato chip plant in the southwest region. The investment is part of PepsiCo’s efforts to expand its product line and enhance its capabilities to win the local snack food and beverage market, with a focus on meeting the needs of Chinese consumers. 26 September 2019 saw the official groundbreaking ceremony for PepsiCo’s Sichuan Deyang plant, and 29 July 2021 saw the opening of Phase I of PepsiCo’s Sichuan Deyang plant.

In July 2019, PepsiCo announced an investment of approximately US$131 million to acquire approximately 26% of the outstanding common shares of Wuguo Mill Foods International Holdings Limited and become the second largest shareholder after the founder of Wuguo Mill.

On February 23, 2020, PepsiCo acquired Hangzhou Holmes Food Co.

On October 15, 2020, PepsiCo signed an agreement with the People’s Government of Nanhai District, Foshan City to invest RMB 500 million in the construction of a PepsiCo Guangdong manufacturing site in Danzao Town, and a groundbreaking ceremony was held on December 18, 2020. on December 11, 2021, PepsiCo announced an additional RMB 240 million investment to expand the PepsiCo Guangdong manufacturing site. When the production base is fully completed, the expected production capacity will be 40,000 tons per year.

On May 24, 2021, PepsiCo’s Greater China headquarters was officially established in Shanghai to manage all food factories, subsidiaries and affiliated companies in Greater China and provide investment management decisions, capital management, procurement, sales, logistics, billing, R&D, training and other services to facilitate PepsiCo’s long-term development in China.

The above investment demonstrates PepsiCo’s determination to accelerate its development in China, an important market.

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Shanghai Disneyland is the sixth in the world, the third in Asia, the second in China, and the first Disneyland in mainland China. In terms of single area, Shanghai Disneyland’s single area is the largest of all Disneyland in the world, equivalent to two times that of Tokyo Disneyland and three times that of Hong Kong Disneyland; but in terms of the entire resort, Shanghai Disneyland Resort is only the 3rd largest among all Disneyland resorts in the world, ranking after Disney World and Disneyland Paris in the United States.

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GE acquired Anderson, Meyer & Co. in 1934 and started to provide installation and repair services of imported electric equipment in China. GE resumed trade with the People’s Republic of China in 1979 at the outset of the country’s reform and opening-up. GE Hangwei Medical Systems Co., Ltd, GE’s first joint venture in China, was established in Beijing in 1991. For over 100 years, GE has been adapting to market changes through constant business integration and transformation. Today, all of GE’s businesses have set up operations in China. It has 22,000 employees, 7 R&D centers, more than 60 laboratories, over 30 manufacturing bases and 34 joint ventures in more than 40 cities in the country. In 2015, GE’s revenue in China amounted to $8.1 billion.

GE China Technology Center (CTC) is one of GE’s ten R&D centers in the world. It is a multi-disciplinary center and conducts fundamental R&D, develops new products and also works on engineering development and sourcing for GE’s diverse businesses across the world.

Founded in 2000, CTC is located at Zhangjiang High-Tech Park in Shanghai and was put into use in May 2003. It covers an area of 47,000 square meters. CTC is one of the biggest foreign invested R&D centers and among the very few enterprise R&D centers which have fundamental research capabilities.

GE has nearly 3,000 researchers in China and has more than 150 world-class laboratories in Shanghai, Beijing, Chengdu, Xi’an and Wuxi. GE China Technology Center provides comprehensive support for GE’s China and global businesses.

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The soft drink was developed in 1886 by pharmacist John Stith Pemberton. At the time it was introduced, the product contained cocaine from coca leaves and caffeine from kola nuts which together acted as a stimulant. The coca and the kola are the source of the product name, and led to Coca-Cola’s promotion as a “healthy tonic”. Pemberton had been severely wounded in the American Civil War, and had become addicted to the pain medication morphine. He developed the beverage as a patent medicine in an effort to control his addiction.

In 1889, the formula and brand were sold for $2,300 (roughly $71,000 in 2022) to Asa Griggs Candler, who incorporated the Coca-Cola Company in Atlanta in 1892. The company has operated a franchised distribution system since 1889.[3] The company largely produces syrup concentrate, which is then sold to various bottlers throughout the world who hold exclusive territories. The company owns its anchor bottler in North America, Coca-Cola Refreshments. Read more on Wikipedia

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“Chinese innovation is becoming an inspiration for the rest of the world, and China is already a key engine in L’Oréal’s efforts to transform itself and become a ‘global leader in beauty tech’. A growing number of innovations from China have ‘set sail’ and opened up new channels for the future development of the global beauty industry.” Said Agon: “Compared to the rest of the world, Chinese consumers are more familiar with digital technologies. The level of professional competency is also higher. We believe that L’Oréal China will be able to stand at the forefront of beauty tech developments around the world, and that Chinese consumers will be the first to welcome an even better future made possible by beauty tech.”

Said Agon, CEO of L’Oreal.

“Over the last few years, with the introduction of a number of new policies on various fronts, L’Oréal has been able to grow together with the China market, share in the massive dividends generated by the reform and opening up of the China market, and achieve substantive and healthy development in the process. China has become the second-largest consumer market, second-largest makeup market, and largest trading nation in the world. L’Oréal has also become the largest player in China’s makeup market. In turn, the China market is also the group’s second-largest market in the world. Last year, L’Oréal China achieved its biggest-ever two-digit growth figure in the last 14 years: 33%. The China market has continued to turn in a strong performance in the first half of 2019, and has helped to make the Asia Pacific region the L’Oréal group’s largest regional market.”

Fabrice – CEO of L’Oreal China

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