综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

Business / Industries

Beer sales lose fizz amid austerity drive

By Zhu Wenqian (China Daily) Updated: 2015-02-04 07:52

Beer sales lose fizz amid austerity drive

A worker monitors a beer product line at ?Tsingtao Brewery Company Limited in Jiujiang, Jiangxi province, May 19, 2014. [Photo provided to China Daily] 

Beer output fell last year for the first time in a decade, with producers facing price pressure as a result of the anti-corruption campaign and rising costs, industry officials said.

Production slid 0.96 percent to 49.22 million kiloliters. In December alone, beer output slid 17.2 percent to 2.42 million kiloliters, according to chinaibeer.com, the website of the Beer Professional Committee at the China Food Industry Association.

The figures show that in the second half, output fell every month on a year-on-year basis.

"The government's austerity drive has damped beer consumption. Tougher food safety standards also had an effect," said a manager at one well-known beer brand, who spoke on condition of anonymity.

"Higher prices for imported barley pushed up costs, which affected output."

China's beer industry has undergone profound changes in recent years and become much more concentrated.

The top five brands - Huarun Snow Beer Co Ltd, Tsingtao Brewery Co Ltd, Budweiser, Beijing Yanjing Brewery and the Carlsberg Group - have 80 percent of the market. The remainder is split evenly among Chinese and foreign beer companies.

Domestic beer producers need to find internal sources of growth, rather than looking to merger and acquisition opportunities, which are becoming scarcer, the National Business Daily said.

"Beer sales at restaurants and entertainment venues are gloomy, since a lot of officials didn't dare to eat out or even go to karaoke parlors. Many companies suspended their gift-giving activity in the wake of the austerity drive, which led to declines of beer sales at supermarkets," said an administrative employee at a Chinese beer producer who declined to be identified.

Hot Topics

Editor's Picks
...
兰州市| 农安县| 微山县| 凌源市| 韶关市| 彩票| 腾冲县| 嘉鱼县| 宜阳县| 马鞍山市| 德清县| 赞皇县| 甘洛县| 吴江市| 沙洋县| 射洪县| 淮南市| 湄潭县| 崇州市| 都江堰市| 大方县| 锡林郭勒盟| 潼关县| 同江市| 安平县| 东乌珠穆沁旗| 富宁县| 克什克腾旗| 灌阳县| 吴堡县| 崇文区| 长海县| 永春县| 贞丰县| 曲阜市| 乌拉特后旗| 鹿泉市| 德清县| 吉林市| 工布江达县| 瑞昌市|