USEUROPEAFRICAASIA 中文双语Français
Home / Business

Beer sales lose fizz amid austerity drive

By Zhu Wenqian | China Daily | Updated: 2015-02-04 07:52

Beer output fell last year for the first time in a decade, with producers facing price pressure as a result of the anti-corruption campaign and rising costs, industry officials said.

Production slid 0.96 percent to 49.22 million kiloliters. In December alone, beer output slid 17.2 percent to 2.42 million kiloliters, according to chinaibeer.com, the website of the Beer Professional Committee at the China Food Industry Association.

The figures show that in the second half, output fell every month on a year-on-year basis.

Beer sales lose fizz amid austerity drive

Today's Top News

Editor's picks

Most Viewed

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US