 |
| Kweichow Moutai's wine at an exhibition in Beijing. [Photo by Zhu Xinxing/China Daily] |
China's top liquor brand Kweichow Moutai on Tuesday launched 12 new projects with a total investment of 15.8 billion yuan ($2.25 billion) for high-quality development.
The projects include a packing plant with a capacity of 80,000 metric tons of Moutai liquor, a warehouse that can store up to 30,000 tons of alcohol, and an organic sorghum planting base in Guizhou province.
"We aim to build a batch of infrastructure projects with long-term benefits, boost the growth of Moutai and achieve high-quality development," said Li Jingren, general manager of Kweichow Moutai Group.
