In the Third China International Import Expo, Wyeth Nutrition held the official inauguration ceremony of the China headquarters. Future plans for the regional headquarters in Shanghai include building nutritional science, talent development, global e-commerce, customer service, and logistics centers. During the Expo, Wyeth Nutrition also signed a memorandum of cooperation with Chongqing YUOU Cross-border E-commerce Co. for a total purchase amount of RMB 1.96 billion yuan (USD $300 million). By doing so, Wyeth Nutrition showed its determination on developing the Chinese market, sharing resources and sales network, and reaching out to the lower markets. (Source: finance.china)

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