Fonterra applauds Xi's CIIE speech

Company says the address boosts confidence in the Chinese market

The China International Import Expo is helping to provide new business opportunities, and President Xi Jinping's keynote speech at the opening ceremony was "incredibly encouraging", said Christina Zhu, president of dairy company Fonterra China.

"President Xi said the Chinese economy is like a sea," she said. "From his speech, we understand China's determination to maintain the opening-up policy, and this has reaffirmed our confidence in operating in the Chinese market.