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Chinese firm eyes US, EU markets.

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| January 26, 2006 | COPYRIGHT 2006 Haymarket Business Publications Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Shanghai-based Jielong In-dustry Corp has unveiled plans to expand into the European and US markets.

In an interview with the China Daily, Jielong president Shen Weirong said: 'Foreign markets are increasingly within the sights of our firm.'

The pounds 49m (14.2m yuan) turnover packaging firm has secured a contract with the Bodyshop to produce packaging for the cosmetic firm's US operations.

According to Weirong, print and packaging costs in China are around 40-50% lower than in ...

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