China's catering industry exceeds 4 trln yuan in 2018
2019-03-19
A girl of Miao ethnic group tastes grilled fish in Baixiu Village, Miao autonomous county of Rongshui, South China's Guangxi Zhuang autonomous region, Feb 10, 2018. [Photo/Xinhua]
TIANJIN -- China's food and beverage (F&B) industry posted a record high of 4.27 trillion yuan ($636 billion) in revenue in 2018, the China Cuisine Association said Sunday.
The F&B industry revenue accounted for 11.2 percent of the total volume of retail sales last year, up 0.4 percentage points from 2017, said Jiang Junxian, president of the association.
The F&B industry also contributed 20.9 percent to consumption growth in 2018, he said.
"The F&B industry has played an important role in stimulating consumption and boosting the economy," he said.
Shandong, Guangdong, Jiangsu, Hebei and Henan provinces saw an F&B industry revenue of more than 300 billion yuan last year, with Shandong ranking first.
China's F&B industry will see a revenue of 4.6 trillion yuan, the association predicted.
"Chinese consumers are attaching more importance to food safety, nutrition and health, and have more diversified requirements for food, so high quality food will be what the industry is heading for in 2019," he said.
People taste seafood cooked in a 6.6-meter-diameter cauldron during a food festival held in Rongcheng city, East China's Shandong province, April 18, 2018. [Photo/Xinhua]
People taste crayfish at a restaurant in Xuyi county of Huai'an, East China's Jiangsu province, Jan 23, 2018. Crayfish is the renowned specialty in Xuyi county. [Photo/Xinhua]An AGV (automated guided vehicle) robot serves food to customers in a smart restaurant operated by Chinese e-commerce giant Alibaba at the National Exhibition and Convention Center in Shanghai, Oct 15, 2018. [Photo/Xinhua]A cook prepares a tofu dish during a cooking contest in Huainan, East China's Anhui province, Sept 21, 2018. [Photo/Xinhua]Fishermen catch fish at a mariculture zone in the sea area of Nanji island in Wenzhou, East China's Zhejiang province, Aug 18, 2018. [Photo/Xinhua]Visitors enjoy tea during an outdoor tea gathering marking "Lixia", the beginning of summer in the Chinese lunisolar calendar, in Hengyang, Central China's Hunan province, May 5, 2018. [Photo/Xinhua]
