Danone CEO Optimistic About Sustained Growth Amidst China's Economic Landscape
In an exclusive interview with People's Daily Online during the China Development Forum on March 24, CEO Antoine de Saint-Affrique of multinational food-products giant Danone expressed unwavering confidence in the company's continuous expansion within the Chinese market.
Asserting the pivotal role of China in global economic growth, de Saint-Affrique emphasized, "China is absolutely critical for world growth. If China doesn’t grow, the world is not growing." He pointed to the Chinese government's commitment to a 5-percent GDP growth rate and the fostering of new quality productive forces as key indicators bolstering his confidence in the market's trajectory.
Highlighting the increasing health consciousness among consumers as a ripe avenue for growth, Danone, as a frontrunner in the food and beverage industry, intends to delve deeper into this burgeoning trend within China. "China is a market of opportunity. It’s a huge market. It’s an extraordinarily sophisticated market. It’s a market where we innovate locally in China for China and the rest of the world," de Saint-Affrique remarked.
Highlighting the increasing health consciousness among consumers as a ripe avenue for growth, Danone, as a frontrunner in the food and beverage industry, intends to delve deeper into this burgeoning trend within China. "China is a market of opportunity. It’s a huge market. It’s an extraordinarily sophisticated market. It’s a market where we innovate locally in China for China and the rest of the world," de Saint-Affrique remarked.
Moreover, he emphasized the significance of responsible and sustainable consumption, noting, "The opportunity comes not only from a consumption standpoint, but also from a responsible and harmonious consumption standpoint. So, there are plenty of opportunities to create shared prosperity in China."
