Contents:

INTRODUCTION Report Coverage Executive Summary Glossary Free Monthly Online Newsletter and Editorials CHINA: FAST FACTS A.1 Fast Facts A.2 Regions of China Map A.1 CHINA: PROVINCES AND MUNICIPALITIES 1 CHINA'S CANNED FOOD RETAIL MARKET 1.1 Overview 1.2 China's Total Food & Beverage Market 1.2.1 Total Food Market: Food and Non-food Sales Table 1.1 TOTAL CURRENT VALUE RETAIL SALES BY FOOD AND NON-FOOD, 1998-2004* 1.2.2 Total Food Market: Food/Non-food Sales Split Table 1.2 % BREAKDOWN OF SALES BY FOOD AND NON-FOOD, 1998-2004* 1.2.3 Total Food Market: Urban and Rural Split Table 1.3 TOTAL CURRENT VALUE RETAIL SALES BY FOOD AND NON-FOOD, 1998-2004* 1.2.4 Total Food Market: Total Value Trends Table 1.4 CURRENT VALUE OF FOOD SALES BY MAJOR PRODUCT CATEGORY, 1998-2004* 1.2.5 Total Food Market: Urban Value Trends Table 1.5 URBAN FOOD SALES CURRENT VALUE BY MAJOR PRODUCT CATEGORY, 1998-2004* 1.2.6 Total Food Market: Rural Value Trends Table 1.6 VALUE OF RURAL FOOD SALES CURRENT VALUE BY MAJOR PRODUCT CATEGORY, 1998-2004* 2 CHINA'S CANNED SEAFOOD MARKET 2.1 Canned Seafood: Sector Values & Volumes Table 2.1 CANNED SEAFOOD CURRENT VALUE & VOLUME RETAIL SALES IN CHINA, 1998-2004* 2.2 Canned Seafood: Sector Shares Table 2.2 % BREAKDOWN OF CANNED SEAFOOD CURRENT VALUE & VOLUME RETAIL SALES IN CHINA, 1998-2004* 2.3.3 Canned Seafood: Growth Rates Table 2.3 % ANNUAL GROWTH FOR CANNED SEAFOOD CURRENT VALUE & VOLUME RETAIL SALES IN CHINA, 1998-2004* 3. MARKET SHARES Table 3.1 LEADING COMPANY SHARES OF RETAIL SALES OF CANNED SEAFOODS, 1999-2002 4. PRICES 4.1 Prices: Retail Price Indices Table 4.1 RETAIL PRICE INDICES BY BROAD SECTOR IN CHINA, 1998-2004* 4.2 Prices: Average Unit Values Table 4.2 AVERAGE CANNED SEAFOOD RETAIL PRICE IN CHINA, 1998-2004* 4.3 Prices: Average Unit Price Growth Table 4.3 % ANNUAL GROWTH OF AVERAGE CANNED SEAFOOD PRODUCT RETAIL PRICES, 1998-2004* 4.4 Prices: Selected Retail Prices Table 4.4 SELECTED CANNED SEAFOOD PRICES IN BEIJING AND SHANGHAI, 2003 5. OUTLOOK 5.1 Outlook: Forecast Trends 5.2 Outlook: Total Market Size In Value Terms Table 5.1 FORECAST VALUE & VOLUME SALES OF CANNED SEAFOOD IN CHINA, 2005-2009 5.3 Outlook: Sector Breakdown Table 5.2 FORECAST PERCENTAGE VALUE & VOLUME BREAKDOWN OF CANNED SEAFOOD IN CHINA, 2005-2009 5.4 Outlook: Sector Growth Table 5.3 FORECAST ANNUAL VALUE & VOLUME GROWTH OF CANNED SEAFOOD IN CHINA, 2005-2009 6. CURRENT ISSUES 6.1 Current Issues: Food Legislation 6.2 Current Issues: Packaging Legislation 6.3 Current Issues: Food Safety Food Safety Monitoring Packaging, Hygiene and Product Labelling 6.4 Current Issues: Organic Foods 6.5 Current Issues: Canned Food Wholesaling 6.6 Current Issues: Retail Distribution of Canned Foods Table 6.1 % BREAKDOWN OF CANNED FOOD SALES BY OUTLET TYPE IN CHINA, 1998-2004 7 SOURCES OF SUPPLY 7.1 Metal Packing & Can Manufacturing Industry Overview 7.1.2 Metal Packing & Can Manufacturing Industry Overview: Industry Manufacturers & Revenue Table 7.1 TOTAL NUMBER OF METAL PACKING & TIN CAN MANUFACTURERS AGAINST INDUSTRY REVENUES, 1995-2002 7.1.3 Metal Packing & Can Manufacturing Industry Overview: Industry Revenue & Profit Table 7.2 METAL PACKING & TIN CAN INDUSTRY REVENUE & PROFIT COMPARED, 1995-2002 7.1.4 Metal Packing & Can Manufacturing Industry Overview: Regional Output Volume Table 7.3 REGIONAL STATISTICS OF CHINA'S LEADING METAL PACKING & TIN CAN MANUFACTURERS, 2002 7.2 Canned Food Manufacturing Industry Overview 7.2.1 Canned Food Manufacturing Industry Overview: Key Trends 7.2.2 Canned Food Manufacturing Industry Overview: Industry Manufacturers & Revenue Table7.4 TOTAL NUMBER OF CANNED FOOD MANUFACTURERS AGAINST INDUSTRY REVENUES, 1995-2002 7.2.3 Canned Food Manufacturing Industry Overview: Industry Revenue & Profit Table 7.5 CANNED FOOD INDUSTRY REVENUE & PROFIT COMPARED, 1995-2002 7.2.4 Canned Food Manufacturing Industry Overview: Regional Output Volume Table 7.6 REGIONAL STATISTICS OF CHINA'S LEADING CANNED FOOD MANUFACTURERS, 2002 7.2.5 Canned Food Manufacturing Industry Overview: Key Manufacturer Industry Revenue Shares Table 7.7 CHINA'S 40 LEADING CANNED FOOD MANUFACTURERS % SHARE OF INDUSTRY REVENUES, 2002 7.3 Canned Seafood Industry 7.3.1 Canned Seafood Industry: Industry Manufacturers & Revenue Table 7.8 TOTAL NUMBER OF CANNED SEAFOOD MANUFACTURERS AGAINST INDUSTRY REVENUES, 1995-2002 7.3.2 Canned Seafood Industry: Industry Revenue & Profit Table 7.9 CANNED SEAFOOD INDUSTRYREVENUE & PROFIT COMPARED, 1995-2002 7.3.3 Canned Seafood Industry: Regional Output Volume Table 7.10 REGIONAL STATISTICS OF CHINA'S LEADING CANNED SEAFOOD MANUFACTURERS, 2002 7.4 Key Canned Seafood Manufacturers 7.4.1 Key Canned Seafood Manufacturers: Key Statistics Table 7.11 SUMMARY STATISTICS OF CHINA'S LEADING CANNED SEAFOOD MANUFACTURERS, 2001 Table 7.12 SUMMARY STATISTICS OF CHINA'S LEADING CANNED SEAFOOD MANUFACTURERS, 2002 7.4.2 Key Canned Seafood Manufacturers: Industry Revenue Shares Table 7.13 CHINA'S LEADING CANNED SEAFOOD MANUFACTURERS' % SHARE OF INDUSTRY REVENUES, 2001 Table 7.14 CHINA'S LEADING CANNED SEAFOOD MANUFACTURERS' % SHARE OF INDUSTRY REVENUES, 2002 7.4.3 Key Canned Seafood Manufacturers: Industry Profit Shares Table 7.15 CHINA'S LEADING CANNED SEAFOOD MANUFACTURERS' % SHARE OF INDUSTRY PROFITS, 2001 Table 7.16 CHINA'S LEADING CANNED SEAFOOD MANUFACTURERS' % SHARE OF INDUSTRY PROFITS, 2002 7.4.4 Key Canned Seafood Manufacturers: Profitability Table 7.17 CHINA'S LEADING CANNED SEAFOOD MANUFACTURERS' PROFITABILITY, 2001 Table 7.18 CHINA'S LEADING CANNED SEAFOOD MANUFACTURERS' PROFITABILITY, 2002 7.4.5 Key Canned Seafood Manufacturers: Revenue Per Employee Table 7.19 CHINA'S LEADING CANNED SEAFOOD MANUFACTURERS' AVERAGE REVENUES PER EMPLOYEE, 2001 Table 7.20 CHINA'S LEADING CANNED SEAFOOD MANUFACTURERS' AVERAGE REVENUES PER EMPLOYEE, 2002 8 SWOT ANALYSIS 8.1 Strengths 8.2 Weaknesses 8.3 Opportunities 8.4 Threats 9 COMPANY PROFILES 9.1 Campbell's Soup Company 9.1.1 Campbell's Soup Company: Company Details 9.1.2 Campbell's Soup Company: Company Background 9.1.3 Campbell's Soup Company: Asia Activities 9.1.4 Campbell's Soup Company: Financial Results Table 9.1 CAMPBELL'S SOUP COMPANY: FINANCIAL RESULTS, 2001-2003 9.2 Chaoyang Qiaofeng Group Co., Ltd. 9.2.1 Chaoyang Qiaofeng Group: Company Details 9.2.2 Chaoyang Qiaofeng Group: Company Background 9.2.3 Chaoyang Qiaofeng Group: Financial Results Table 9.2 CHAOYANG QIAOFENG GROUP CO., LTD.: FINANCIAL RESULTS, 2001-2002 9.3 Dalian Huanghe Aquatic Products Group 9.3.1 Dalian Huanghe Aquatic Products: Company Details 9.3.2 Dalian Huanghe Aquatic Products: Company Background & Activities 9.4 Dalian Mishima Foods Co., Ltd. 9.4.1 Dalian Mishima Foods: Company Details 9.4.2 Dalian Mishima Foods: Financial Summary Table 9.3 DALIAN MISHIMA FOODS CO., LTD.: FINANCIAL RESULTS, 2001-2002 9.5 Dalian Shengnuo Foodstuffs Co. Ltd 9.5.1 Dalian Shengnuo Foodstuffs: Company Details 9.5.2 Dalian Shengnuo Foodstuffs: Company Background & Activities 9.6 Fujian Jinfa Industrial Co., Ltd 9.6.1 Fujian Jinfa Industrial: Company Details 9.6.2 Fujian Jinfa Industrial: Financial Summary Table 9.4 FUJIAN JINFA INDUSTRIAL CO., LTD.: FINANCIAL RESULTS, 2002 9.7 Fujian Zishan Group Co., Ltd 9.7.1 Fujian Zishan Group: Company Details 9.7.2 Fujian Zishan Group: Company Background 9.7.3 Fujian Zishan Group: Financial Results Table 9.5 FUJIAN ZISHAN GROUP CO., LTD.: FINANCIAL RESULTS, 2001 9.8 Guangdong Fulaixi (Flesh) Food Co., Ltd. 9.8.1 Guangdong Fulaixi (Flesh) Food: Company Details 9.8.2 Guangdong Fulaixi (Flesh) Food: Financial Results Table 9.6 GUANGDONG FLESH FOOD CO., LTD.: FINANCIAL RESULTS, 2002 9.9 Guangdong Ganzhu Canning Co., Ltd. 9.9.1 Guangdong Ganzhu Canning: Company Details 9.9.2 Guangdong Ganzhu Canning: Financial Results Table 9.7 GUANGDONG GANZHU CANNING CO., LTD.: FINANCIAL RESULTS, 2002 9.10 Guangdong Jialong Food Stock Co., Ltd. 9.10.1 Guangdong Jialong Food Stock: Company Details 9.10.2 Guangdong Jialong Food Stock: Financial Summary Table 9.8 GUANGDONG JIALONG FOOD STOCK CO., LTD.: FINANCIAL RESULTS, 2001/2002 9.11 Guangzhou Eagle Coin Enterprise Group Corp 9.11.1 Guangzhou Eagle Coin: Company Details 9.11.2 Guangzhou Eagle Coin: Company Background 9.12 Jieyang REX Foods Co., Ltd. 9.12.1 Jieyang REX Foods: Company Details 9.12.2 Jieyang REX Foods: Company Background 9.12.3 Jieyang REX Foods: Financial Results Table 9.9 JIEYANG REX FOODS CO., LTD.: FINANCIAL RESULTS, 2001-2002 9.12.4 Jieyang REX Foods: Future Strategies 9.13 Nantong Canned Food Factory 9.14 Shandong Juxian Sanfod Foodstuff Co. Ltd 9.14.1 Shandong Juxian Sanfod Foodstuff: Company Details 9.14.2 Shandong Juxian Sanfod Foodstuff: Company Background 9.14.3 Shandong Juxian Sanfod Foodstuff: Financial Results Table 9.10 SHANDONG JUXIAN SANFOD FOODSTUFF CO., LTD.: FINANCIAL RESULTS, 2002 9.15 Shunde Dongfang Can Co., Ltd. 9.15.1 Shunde Dongfang Can: Company Details 9.15.2 Shunde Dongfang Can: Financial Summary Table 9.11 SHUNDE DONGFANG CAN CO., LTD.: FINANCIAL RESULTS, 2001 9.16 Shunde Longchang Roasted Eel Co., Ltd. 9.16.1 Shunde Longchang Roasted Eel: Company Details 9.16.2 Shunde Longchang Roasted Eel: Financial Summary Table 9.12 SHUNDE LONGCHANG ROASTED EEL CO., LTD.: FINANCIAL RESULTS, 2001-2002 9.17 Shunde Pingrong Food Development Co., Ltd. 9.17.1 Shunde Pingrong Food Development: Company Details 9.17.2 Shunde Pingrong Food Development: Financial Summary Table 9.13 SHUNDE PINGRONG FOOD DEVELOPMENT CO., LTD.: FINANCIAL RESULTS, 2001-2002 9.18 Shunde Yuehua Canned Food Co., Ltd. 9.18.1 Shunde Yuehua Canned Food: Company Details 9.18.2 Shunde Yuehua Canned Food: Company Background 9.18.3 Shunde Yuehua Canned Food: Financial Results Table 9.14 SHUNDE YUEHUA CANNED FOOD CO., LTD.: FINANCIAL RESULTS, 2001-2002 9.19 Yantai Dayuan Foodstuff Co., Ltd. 9.19.1 Yantai Dayuan Foodstuff: Company Details 9.19.2 Yantai Dayuan Foodstuff: Company Background 9.19.3 Yantai Dayuan Foodstuff: Financial Results Table 9.15 YANTAI DAYUAN FOODSTUFF CO., LTD.: FINANCIAL RESULTS, 2001-2002 9.20 Zhongshan Baoli Foods Co., Ltd. 9.20.1 Zhongshan Baoli Foods: Company Details 9.20.2 Zhongshan Baoli Foods: Company Background 9.20.3 Zhongshan Baoli Foods: Financial Results Table 9.16 ZHONGSHAN BAOLI FOODS CO., LTD.: FINANCIAL RESULTS, 2001 9.21 Zhoushan Aquatic Products Company 9.21.1 Zhoushan Aquatic Products Company: Company Details 9.21.2 Zhoushan Aquatic Products Company: Company Background 10 CONTACTS 10.1 Trade Organisations 10.1.1 China National Cereals, Oils & Foodstuffs Import & Export Corporation 10.1.2 All-China Federation of Industry & Commerce 10.1.3 China Canned Food Industry Association 10.2 Government Departments 10.2.1 State Economic and Trade Commission – State Light Industry Bureau 11 RELEVANT EXHIBITIONS & TRADE FAIRS 11.1 International Packing, Printing, Food Processing & Packaging & Plastic Machinery Fair (Hangzhou) 11.2 Tianjin Exhibition on Food Machinery & Packing 11.3 Trade Show of Machinery for Print, Packaging, Plastic Products & Food 11.4 Food Ingredients & Food Ingredients Asia 11.5 Agro-Foodtech 11.6 SIAL China 11.7 International Fast Food Products Exhibition 11.8 Zhengzhou Sugar, Alcoholic Drink & Food Trade Show 11.9 Guangzhou Exhibition on Machinery for Food, Packaging, Printing & Plastics 11.10 China Northeast International Exhibition on Food, subsidiary Material, Processing Technology & Equipment 11.11 International Exhibition For Food & Drink South China 11.12 International Exhibition For Hotel & Bakery South China 11.13 International Quick Frozen Food Exhibition 11.14 Beijing National Food & Food Processing Machine & Packaging Machinery Show 11.15 Food China 11.16 International Food, Packaging, Print, Plastic Products Exhibition 11.17 Zhejiang Food & Drink Summer Sales Show 11.18 Dalian International Food Manufacturing & Packaging Machine Exhibition/Dalian International Food, Raw Materials & Food Additives Show 11.19 Shanghai International Food Machine & Package Machine Expo 11.20 China International Fair For Food, Food Processing & Packaging 11.21 Shanghai International Supermarket Expo 11.22 Shanghai International Food Expo 11.23 Packtech & Foodtech 11.24 Liaoning Food Show 11.25 Food & Hotel South China 11.26 Chengdu International Food , Food Processing & Packaging Show 11.27 International Food Show 11.28 Interfood Shanghai 11.29 International Food Processing & Packaging Machinery Exhibition 11.30 China Food Industry Exhibition APPENDIX: EXCHANGE RATES A.1 Exchange Rates A.1.1 Exchange Rates: China Table A.1 AVERAGE ANNUAL EXCHANGE RATES, 1997–2004 A.1.2 Exchange Rates: Hong Kong Table A.2 AVERAGE ANNUAL EXCHANGE RATES, 1997–2004

Companies Mentioned

- Campbell's Soup Company - Chaoyang Qiaofeng Group Co., Ltd. - Dalian Huanghe Aquatic Products Group - Dalian Mishima Foods Co., Ltd. - Dalian Shengnuo Foodstuffs Co. Ltd - Fujian Jinfa Industrial Co., Ltd - Fujian Zishan Group Co., Ltd - Guangdong Fulaixi (Flesh) Food Co. Ltd. - Guangdong Ganzhu Canning Co., Ltd. - Guangdong Jialong Food Stock Co., Ltd. - Guangzhou Eagle Coin Enterprise Group Corp - Jieyang REX Foods Co., Ltd. - Nantong Canned Food Factory - Shandong Juxian Sanfod Foodstuff Co. Ltd - Shunde Dongfang Can Co., Ltd. - Shunde Longchang Roasted Eel Co., Ltd. - Shunde Pingrong Food Development Co., Ltd. - Shunde Yuehua Canned Food Co., Ltd. - Yantai Dayuan Foodstuff Co., Ltd. - Zhongshan Baoli Foods Co., Ltd. - Zhoushan Aquatic Products Company