Dairy giant plans big investment

Dutch firm bullish about growth potential of mainland market

Dutch global dairy giant Royal FrieslandCampina is bullish on the growth potential of the market in China and plans to expand its investments and develop more Chinese-catered dairy products.

Last year, its China unit reported its performance independently for the first time in the company's earnings report. In 2016, Royal FrieslandCampina saw its sales revenues in China reach 5 billion yuan ($726 million), jumping 30 percent year-on-year, and it expects a similar growth rate this year.