PepsiCo has partnered with China’s Ministry of Agriculture to help farmers adopt sustainable farming.
In a bid to accelerate agriculture development in rural China, PepsiCo yesterday (19 September) announced plans to help farmers implement water- and energy-saving technologies, raise crop yields and increase income through advanced techniques.
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Tim Minges, chairman of PepsiCo’s operations in Greater China, said: “Our experience and expertise in modern farming enables PepsiCo to get more crop per drop and we are excited to work with the Chinese Ministry of Agriculture to introduce many of these best practices to benefit China’s local farmers and the environment.”
As part of the joint initiative, PepsiCo and the ministry will build and operate demonstration farms with advanced irrigation, fertilisation and crop management techniques.
Wang Ying, director-general of the Department of International Cooperation of the Ministry of Agriculture, said: “The 12th Five-Year Plan adopted last year set out clear objectives for the development of sustainable agriculture in the new era, especially the need for speeding up agricultural modernisation.
“By partnering with PepsiCo, we will be able to enlist advanced foreign technologies for the building of modern farms and promote best practices across the country. This is a substantive step in our efforts to carry out the policies and guidelines introduced in the Five-Year Plan.”
In May last year, PepsiCo announced that it was investing US$2.5bn in its China business over the next few years.
