App

China's alcohol-making industry posts steady growth
Updated: September 4, 2021 14:20 Xinhua

BEIJING — China's major alcohol companies registered double-digit growth in profits and revenue in the first seven months of the year, official data showed.

In the January-July period, the major alcohol-makers raked in a total of 120.29 billion yuan (about $18.63 billion) in profits, jumping 28.4 percent year-on-year, data from the Ministry of Industry and Information Technology showed.

Their operating revenue during the period totaled 531.49 billion yuan, up 16.9 percent from a year earlier.

Major distilleries saw the output of Chinese baijiu (distilled spirits) rise 9.2 percent year-on-year to nearly 4.08 million kiloliters in the first seven months, while the output of breweries increased by 7.5 percent, the data showed.

Major alcohol companies are those with annual revenues of more than 20 million yuan.

Copyright© www.gov.cn | About us | Contact us

Website Identification Code bm01000001 Registration Number: 05070218

All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to www.gov.cn.

Without written authorization from www.gov.cn, such content shall not be republished or used in any form.

Mobile

Desktop

Copyright© www.gov.cn | Contact us

Website Identification Code bm01000001

Registration Number: 05070218