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China's catering industry exceeds 4 trln yuan in 2018 [Copy link] 中文

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Post time 2019-3-18 14:48:18 |Display all floors
China's food and beverage (F&B) industry posted a record high of 4.27 trillion yuan (636 billion U.S. dollars) in revenue in 2018, the China Cuisine Association said Sunday.

The F&B industry revenue accounted for 11.2 percent of the total volume of retail sales last year, up 0.4 percentage points from 2017, said Jiang Junxian, president of the association.


The industry also contributed 20.9 percent to consumption growth in 2018, he said.

"The F&B industry has played an important role in stimulating consumption and boosting the economy," he said.

Shandong, Guangdong, Jiangsu, Hebei and Henan provinces saw an F&B industry revenue of more than 300 billion yuan last year.

China's F&B industry will see a revenue of 4.6 trillion yuan, the association predicted.

"Chinese consumers are attaching more importance to food safety, nutrition and health, and have more diversified requirements for food, so high quality food will be what the industry is heading for in 2019," he said.

Source(s): Xinhua News Agency

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Post time 2019-3-18 22:55:40 |Display all floors

This must be checked!

Too much is wasted while many are sleeping with empty stomaches!

HOPE YOU OPEN YOUR EYES TO SEE THAT!



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Post time 2019-3-19 10:09:52 |Display all floors
:lol:lol:lol:lol

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Post time 2019-3-19 12:10:57 |Display all floors
This post was edited by pnp at 2019-3-19 12:11

Numbers don't impress, they msut have good quality, fit for human consumption!  Unfortunately, that is not the case!

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Post time 2019-3-19 12:14:07 |Display all floors
" so high quality food will be what the industry is heading for in 2019," he said.'

Yes, a lot of empty talk!  We see poor quality dirty foods everyday, when are they taking action against the culprits?  More action and less talk please!

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