Dairy Special: Largest NZ company tapping vast dairy market

Fonterra Co-operative Group Ltd, the largest company in New Zealand, has reaffirmed its confidence in the Chinese market and promises to bring more products and make more investment in a nation with 1.3 billion potential consumers.

Andrew Ferrier, Fonterra CEO, told China Daily in a recent interview in Auckland that one of the company's priorities is to help build a safe supply chain in China while continuing its exports of high quality dairy products.

Fonterra has set up a dairy farm in Hangu, in the city of Tangshan of Hebei province, and has the option to start more dairy farms in cooperation with Chinese partners, he said.