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HOBART， Australia， Oct. 26 (Xinhua) -- Half a year after it bought Van Diemen's Land (VDL) company， Australia's largest and oldest dairy operation in Tasmania state， Chinese group Moon Lake Investments has rolled out a new brand of fresh milk targeted at consumers in China.
The milk exports are set to hit Chinese shelves from the first quarter of next year， via a new air freight link between Hobart and Ningbo in east China's Zhejiang province， Moon Lake's Managing Director Sean Shwe told a media briefing on the launch of the brand in Tasmania's capital city on Wednesday.
"This is an exciting venture for our company ... and potentially for all Tasmanian producers of fresh， perishable produce such as seafood， fruit and vegetables，" Shwe said.
Tasmania's Premier Will Hodgman also told reporters at the launch that the development demonstrated how "Tasmania is now a destination that investors want to be part of."
"We have some of the best， finest produce in the world that massive markets like China want to get more of and we're seizing these opportunities，" Hodgman said.
"We'll see more people employed here， more business opportunities， for Tasmanians and the ongoing growth in our economy."
The launch comes eight months after the Australian government approved Moon Lake's acquisition of VDL， which has been owned by foreigners since it started operations in 1825， amid competing offers for the dairy group from two local companies.
In February， Australia's Treasurer Scott Morrison said he decided to approve the 280-million-Australian dollar sale after "carefully" considering the national interest， following advice from the Foreign Investment Review Board， which advises the Australian government on foreign investment policy and its administration.
The approval is conditional on Moon Lake's compliance with Australian taxation law and other conditions which cover the sale of food and other products overseas， Morrison said.
VDL， now trading as VDL Farms， includes 25 dairy farms and the state's historic Woolnorth Station site. It has milked more.