Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Industry

China's food industry records steady profit growth

December 28, 2020


Abstract : China's major food processing companies recorded steady profit growth in the first 10 months of the year, data by the Ministry of Industry and Information Technology showed.

BEIJING, Dec. 26 (Xinhua) -- China's major food processing companies recorded steady profit growth in the first 10 months of the year, data by the Ministry of Industry and Information Technology showed.

Enterprises with annual revenues of more than 20 million yuan (3.06 million U.S. dollars) from their main operations saw combined profits reach 485.26 billion yuan, up 9.4 percent year on year, the data showed.

Agricultural and sideline products processing companies reported 150.5 billion yuan in combined profits in the January-October period, surging 14.6 percent from a year earlier, according to the data.

The combined profits of liquor, beverage and tea manufacturers rose 5.4 percent year on year to reach 190.64 billion yuan in the same period, the data showed. Enditem

Scan the QR code and push it to your mobile phone

Keyword: food industry

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial