overseas last year, a year-on-year increase of 62.5 percent, making it the nation’s leadi
ng whole-vehicle exporter for three years in a row,” said Chen Hong, Party secretary and chairman at SAIC Motor.
Anheuser-Busch (AB) InBev, the world’s largest brewer by production volume, will add m
ore premium brands and install solar panels in nine of its Chinese breweries by the end of this year.
In addition to creating diversified product and brand portfolios in China – the comp
any’s second-largest market after the United States – AB InBev plans to further develop a premium segment in Chin
a, which currently accounts for less than one percent of the country’s beer market.
Jan Craps, CEO and president for AB InBev’s Asia-Pacific region, said the company h
as identified premium products as an important growing trend across most consumer goods in China.