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"Coffee business is among the four high-growth food and beverage categories of Nestle. We continue to invest and see a great opportunity in our coffee business," said Altug Guven, senior vice-president of Nestle's coffee business unit in China.

"China's industrial product market is huge and is in urgent need of integration. An industrial product platform with efficient supply chain management and service capabilities can transform the industry and lift overall circulation efficiency," said Xiong.

"Chinese brands have performed exceptionally well in certain categories like fresh dairy, and their agility in responding to market demands can lead the 'premiumization' trend in the future," said Jason Yu, general manager of Kantar Worldpanel in China.

"China spends more than 0 billion to import chips every year, more than the amount spent on crude oil imports," said Deng, who is also a member of the 13th National Committee of the Chinese People's Political Consultative Conference.

"China urges New Zealand to immediately correct its mistake, and stop all forms of interference in Hong Kong affairs and other internal affairs of China, to avoid harming bilateral relations," he said.