At the invitation of Ugandan President Yoweri Museveni, Chinese President Xi Jinping's special envoy Losang Jamcan on Tuesday attended Museveni's inauguration in Kampala, the Ugandan capital.
Museveni met with Losang Jamcan, also vice chairman of the Standing Committee of China's National People's Congress, at the State House on Thursday.
Losang Jamcan conveyed Xi's congratulations and best wishes to Museveni, saying that under the strategic guidance of the two heads of state in recent years, the China-Uganda comprehensive strategic cooperative partnership has maintained high-level development.
China is willing to work with Uganda to carry forward the traditional friendship, strengthen the alignment of development strategies, deepen all-round cooperation across various fields, and make greater contributions to building an all-weather China-Africa community with a shared future for the new era, he said.
For his part, Museveni asked Losang Jamcan to convey his greetings to Xi, thanked the Chinese president for sending a special envoy to attend his inauguration ceremony, and highly praised China's development path and Uganda-China relations.
Museveni said Uganda is willing to work with China to firmly support each other on issues concerning their core interests and major concerns, advance practical cooperation in various fields, and continuously deliver benefits to the two peoples.
Xi's special envoy attends Ugandan president's inauguration
Xi's special envoy attends Ugandan president's inauguration
China's vast market and the diversity of consumer tastes, coupled with its rich talent pool and its innovative approach to creating new products, make the country a key part of PepsiCo’s future plans, according to Ramon Laguarta, the U.S. food and beverage giant’s CEO.
In an interview with China Global Television Network, Laguarta described the scale of PepsiCo’s operations now, 45 years after the company first came to China.
"We were pioneers in China in a way from western companies. We started 45 years ago as a pioneer. Now we build scale, we're very scale in China, we have 10 factories in food, over 50 factories in beverages. We work with 70 plus farmers across the country. And we have about 170,000 people that are part of our ecosystem. So we know China well, all our talent is Chinese and we know how talented they are and how much they can help us. But now the next phase of growth for us is through innovation, creating new markets and leveraging China not only as a kind of a consumption market, but as a creation market, a creation for the rest of PepsiCo," he said.
Laguarta outlined PepsiCo’s growth plans in the country and detailed how its staff there were driving the company’s innovation and transformation globally.
"China is a growth opportunity for us, but it's a growth opportunity that comes with innovation and transformation. So, it plays a very important role also in how we can define the future of PepsiCo both from the portfolio and technology. It's a very important hub for talent, as well. So, our people in China are bright, hardworking, and they are learning outside of China. So, we see China as a place to grow our talent and then bring it to the rest of the world," he said.
"We have clearly insight is a core competence of the company and understanding Chinese consumers, not only young consumers because they're a big source of growth, but what we call silver consumers, let's say 50-year-old plus consumers. That's a very important part of the growth as we see them. So they both require different needs in terms of nutrition, but also experience, value for money. So these are very good groups. We have a broad portfolio because the consumer in China likes variety, and for us to participate in consumers’ lives from the morning to the evening, we need to have multiple solutions. So that's why we have this variety of brands," he added.
Diverse consumer tastes, top talent, innovation make China key to PepsiCo future: CEO
