30.04.2015
National Agency of Investment and Privatization in cooperation with the Embassy of the Republic of Belarus in China organized the visit of the «Hangzhou Wahaha Group» company to the Republic of Belarus on April 8 – 12, 2015

National Agency of Investment and Privatization in cooperation with the Embassy of the Republic of Belarus in China organized the visit of the «Hangzhou Wahaha Group» company  to the Republic of Belarus on April 8 – 12, 2015.

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Formed in 1987, the «Wahaha» corporation is one of the largest private companies in China with total assets of about 40 billion yuan and the number of employees nearly 30 thousand people. 

«Wahaha» is a leading enterprise for the production of soft drinks. In 29 provinces and autonomous regions of China there were established more than 80 food bases and more than 180 companies, in which «Wahaha» is the major shareholder or wholly owns the capital.

In 2014 the total volume of beverage production was 11.5 million tons, income from operations amounted to 72 billion yuan, tax from profit — 12.9 billion yuan, general tax liabilities — about 6 billion yuan.

By the end of 2014, the company ranked 165th among 500 largest enterprises in China, 72nd among 500 largest Chinese manufacturers and 18th among 500 largest private enterprises in China.

The founder of the «Wahaha» corporation — Mr. Zong Qinghou — is currently Chairman of the Board and Chief Executive Officer; a delegate to the Chinese National People's Congress; a famous businessman. Over the years, he has been honored with the title of China's big businessman, a prominent businessman and many others. Mr. Zong is among 10 largest private sector figures of China's economy and top 10 Chinese philanthropists. Moreover, he has been repeatedly recognized as the richest man in China, according to the «Forbes» and «Hurun Report» magazines. 

The purpose of the visit of the company «Hangzhou Wahaha Group» was to establish cooperation with Belarus within the framework of long-term investment and export projects in Belarus.

During the visit, there were held the meetings in the Council of the Republic of Belarus, the Ministry of Economy, the Ministry of Industry, the Ministry of Agriculture and Food, CJSC “Industrial Park Development Company”, Ministry of Industry, Ministry of Agriculture and Food, CJSC “Industrial Park Development Company”.

In the course of the visit, the National Agency of Investment and Privatization organized meetings and negotiations of the Hangzhou Wahaha Group» delegation with the representatives of the State Military Industrial Committee, Department of Pharmaceutical Industry, Minsk City Executive Committee, Slutsk Regional Executive Committee, the National Academy of Sciences of Belarus, the Belarussian State Concern of Food Industry “BELGOSPISCHEPROM”, the Belarusian Republican Union of Consumer Societies.

In addition, there were organized a number of meetings with the representatives of the Belarusian industrial, pharmaceutical, food companies (UE «Minoblmyasomolprom», JSC «Meat & Dairy Company», RUE «Belmedpreparaty», JSC «Planar», JSC «Integral»,  JSC “Minsk Kristall”, JSC «Slutsky syrodelny kombinat», JSC «Vitko-Agro», visits to particular enterprises as well as tasting a number of products (dairy products, natural birch juice, beverages from birch juice, vodka, polypore mushrooms) in order to implement projects for their future export to China.

Given the particular interest of the Chinese delegation to the Belarusian culture there was also organized a visit to the National Academic Bolshoi Opera and Ballet Theatre of the Republic of Belarus.