Global EditionASIA 中文双语Français
Business
Home / Business / Industries

China's food industry sees steady growth in production, sales

Xinhua | Updated: 2021-06-27 07:46
Share
Share - WeChat
Citizen selects vegetables at a supermarket in Changchun city, Northeast China's Jilin province, July 8, 2020. [Photo/Xinhua]

BEIJING - China's food industry reported stable expansion in terms of production and sales in the first five months of 2021, data from the Ministry of Industry and Information Technology (MIIT) showed.

The value-added industrial output of food manufacturers rose 10.7 percent year-on-year in the January-May period, and that of agricultural byproduct processors went up 10.9 percent, according to MIIT.

In the first five months, retail sales of the food industry witnessed robust growth, with that of grain, oil and food up 9.5 percent year-on-year to 661.63 billion yuan ($102.19 billion).

Retail sales in the beverage sector surged 29.2 percent year-on-year to 107.35 billion yuan, while sales in the tobacco and alcohol sector registered a 35.4 percent yearly increase to 187.72 billion yuan, MIIT data showed.

In the first four months of the year, food enterprises with annual revenues of more than 20 million yuan raked in profits of 208.24 billion yuan, up 29 percent year-on-year.

Top
BACK TO THE TOP
English
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
CLOSE