Consistently supporting good cases, Hutchison China Meditech Ltd.( Chi-Med)recently promoted the brand “ZhiLingTong”about infant health food. Chi-Med, a subsidiary of Hutchison Whampoa Ltd. ("HWL"),cooperated with HainCelestial to establish a new company, HutchisonHainOrganicHoldingsLtd.Chi-Med is dedicated to be the forerunner of organic food sector,bringing the superior quality product to China.
Statistics show that the baby economy saw strong growth in China with more than 30% annual growth rate since 2000.China becomes the second biggest consuming country on baby&children products.It is estimated that baby & children consumption expenditures account for 30% of total family consumption expenditures in China.The baby & children market is worth 750 billion yuan and expected to reach value of 1000 billion yuan in 2010.
Chi-Med claimed that it was the golden age for the baby & children market in China.Chi-Med will lauch more health products for pregnancies and infants.
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