At the signing ceremony are: (left to right) Swire Coca-Cola Managing Director, Karen So, Swire Coca-Cola Finance Director, Keith Fung, Swire Coca-Cola Executive Chairman, Pat Healy, Member of Standing Committee of CPC Shanghai Municipal Committee and Secretary of CPC Pudong New Area Committee, Mr Weng Zuliang, Deputy Secretary General of Shanghai Municipal People’s Government and Mayor of Pudong New Area, Mr Hang Yingwei and Deputy Mayor of Pudong New Area, Mr Wang Hua.

Swire Coca-Cola signed a Memorandum of Understanding on Strategic Cooperation with Shanghai Pudong New Area People's Government on 31st July to establish its new China headquarters in the Shanghai Pudong New Area. Swire Coca-Cola will benefit from the convenient and efficient services provided by the Area with this strategic investment in Pudong, Shanghai, allowing Swire Coca-Cola to further capitalise on the growth potentials in the Mainland beverages market. Swire Coca-Cola's global headquarters will remain in Hong Kong.