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China Food Industry Newsletter
China Market Research, Feb 2012, Pages: 80
Food Production in China Soars in 2003
Milk production for 2003 grew by 50 percent over 2002 in China, that of biscuits increased 30 percent, and rice, wheat powder, cooking oil, meat products and aquatic products grew about 20 percent.
The total output of food industry in 2003 is estimated 1.24 trillion yuan (149.4 billion US dollars), up 20 percent year on year, according to figures from the National Statistics Bureau and China National Food Industry Association.
The profits of the food industry are estimated at 69.08 billion yuan, up 30 percent year on year.
These newsletters will give a clear picture of the developments of food industry in China.
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