Inner Mongolia Yili Industrial Group, a provider of healthy and nutritious dairy products, is one of China's largest dairy producers. In 2015, the company had an operating turnover of RMB60.36 billion and a net profit of RMB4.654 billion. Yili has opened its first major overseas dairy factory in New Zealand, entered into a strategic partnership with Italian dairy giant SterilgardaAlimenti, set up a European R&D centre in the Netherlands – the first overseas R&D centre of the Chinese dairy sector – and carried out comprehensive cooperation with enterprises, universities and research institutes in the United States in multiple fields.