Report: Catering companies scent signs of recovery
The catering industry has seen stirrings of recovery after struggling through the government's austerity campaign, but further innovations in services are necessary, the China Cuisine Association said on Wednesday in its annual report.
In the first 10 months of the year, revenue was up 9.7 percent to 2.26 trillion yuan ($368 billion), which the CCA said was "a slight increase" from the comparable period's growth rate.
Growth peaked in May and touched bottom in August, before rebounding during the national holidays in September and October.
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