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Uni-President CEO: Mainland to become new consumption center

By Song Hongmei (China Daily)
Updated: 2009-09-22 15:21

Jason Lin, CEO of Taiwan's Uni-President Group, a food and beverage giant, said "Chinese mainland's three decades of reform and opening up has made the mainland the world's manufacturing center. It is now changing itself into a consumption center amid the ongoing financial crisis."

"Our products should be made for the normal life of a huge population, but with newer material, modern design and even better quality," Lin added.

He cited the fashion brands Zara from Spain and Muji from Japan as examples and attributed their success to his business idea: ordinary products with a new design, new material and improved quality, offering customers chic but affordable choices.

As many Taiwanese brands have the same features as Zara and Muji, Lin believed they have great potential market in the mainland.