CHINA INTERESTED IN PRODUCING YOGURT WITH BULGARIAN YEAST

Chinese investors intend to produce yogurt with Bulgarian yeast. Currently there are no companies in China which produce Bulgarian yogurt. This fact provides huge opportunities for companies wishing to sell on the Chinese market, because of the high demand there. Bulgaria has the ambition to export meat, fish products and wine to China. The latter became clear during the Bulgarian-China Business Forum Plovdiv-Shenzhen: cooperation and investments 2014.

Nine Bulgarian companies signed contracts for cooperation with Chinese firms in the first hours of the forum held in the city of Plovdiv. They will cooperate mainly in the following fields: manufacture of medical equipment, biomanufacturing industry and agriculture. The Chinese business offers investments in the high-tech field. The city of Shenzhen is among the high-tech centers in the Asian republic. Sixty powerful companies attended the forum held between March 24 and 26 which turned into one of the largest events in Plovdiv.

Chinese companies showed huge interest towards the opportunities offered in this region. Some Chinese entrepreneurs have already showed interest to do business there. Along with the joint projects, Chinese investors will have the opportunity to choose between various offers of real estates. Chinese investors can choose projects for five-star hotels, plots for the construction of logistic centers, industrial terrains and offices. The second-largest city in Bulgaria Plovdiv and the Chinese city of Shenzhen became sister cities.

The latter laid a firm foundation for the development of bilateral relations between Bulgaria and China. The city of Plovdiv will have an office at the municipality building in one of the fastest developing Chinese cities with a population of 16 million people where Bulgarian representatives are to work under joint projects. The Plovdiv University has a Chinese Philology department. This fact was already noted by the Chinese investors. Thus, Plovdiv became a capital of the Chinese business in Bulgaria. Let us remind that there are some 300 Chinese companies operating in Bulgaria at present.