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Industry

China's food industry sees expansion in Jan.-Feb.

March 29, 2021


Abstract : China's food industry saw steady expansion in terms of production and sales in the first two months of the year, data from the Ministry of Industry and Information Technology (MIIT) showed.

BEIJING, March 27 (Xinhua) -- China's food industry saw steady expansion in terms of production and sales in the first two months of the year, data from the Ministry of Industry and Information Technology (MIIT) showed.

In the January to February period, the industrial added value of major food manufacturers rose 28.8 percent year on year, and that of agricultural byproduct processors went up 22.8 percent year on year, according to the MIIT.

Retail sales in the food industry registered a strong increase during the period, with sales of grain, oil and food commodities climbing 10.9 percent year on year to 282.79 billion yuan (about 43.26 billion U.S. dollars).

Retail sales in the beverage sector surged 36.9 percent year on year to 43.87 billion yuan, while sales in the tobacco and alcohol sector registered a 43.9 percent yearly increase to 86.09 billion yuan, MIIT data showed. Enditem

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Keyword: food industry

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