Wuling sales were up 19.2% year over year, a nice sign of strength after earlier struggles had led GM to resort to incentives during the third quarter. Across all of its brands and joint ventures, GM's sales in China were up a healthy 10.4% in October, putting GM over 2 million vehicles sold in China so far in 2011.Ī big chunk of that sales growth came from the SAIC-GM-Wuling joint venture, which makes small utility vans and pickups under the Wuling brand name. Here's who isn't hurting in China: market leader General Motors ( NYS: GM). But does the Chinese auto slowdown mean trouble for the giant global automakers hoping to find growth in China? Through October, auto sales in China have grown just 3.2% over the year-ago period.Īfter years of double-digit growth, declines like this are sobering. Our aim is to not only focus on renewable energy but to move towards zero waste – the core principle of a circular economy.The China slowdown continues: Auto sales in the Middle Kingdom fell 1.1% in October, according to the China Association of Automobile Manufacturers, the third monthly drop this year. We design biological and technical components of products to fit within a materials cycle, and all for disassembly and re-purposing. Innovating and Demonstrating a Circular EconomyĬargill is committed to transitioning to a restorative, circular model – utilizing the entire business ecosystem. We employ a single-system approach of highest standard for food safety in all Cargill locations across the globe. Our goal is to provide high quality, safe food no matter when and where. Upholding and Advocating Food Safety Management
It has always been a top priority engaging full-time agricultural scientists to provide trainings for Chinese farmers and to help them increase income. Our worldwide experience enables us to make unique contributions in the ways of improving quality of life. Supporting Rural Development and Boosting Rural IncomesĪt Cargill, we believe helping advancements in China’s rural areas also means raising the incomes of rural residents. Our efforts have been dedicated to the modernization of China’s agriculture industries while advancing rural development through technological upgrades. Pioneering and Promoting China’s Agricultural IndustryĬargill is committed to bringing our world-leading technology, expertise and ideas to China. Cargill helps China achieve these commitments by improving efficiency and adding value in the production, processing, distribution, as well as trade of food and agriculture products. In addition, Cargill’s contributions are aligned with China’s commitment to increasing farmers’ incomes, promoting sustainable agriculture, as well as a secure and safe food supply. Our businesses in China include grain and oilseed supply chain, animal nutrition, animal protein, starches and sweeteners, edible oils solutions, texturizing solutions, structured finance, energy, metals and transportation.Ĭargill is in a unique position to contribute its global expertise to assist China’s ongoing efforts to raise the incomes of rural population and boost countryside development.
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Today, we have 50 plus business locations and over 10,000 employees in mainland China. Cargill’s business in China can be traced back to the early 1970s, shortly after the release of the first Sino-U.S.
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