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China's top liquor brand posts rising revenue in H1
China's leading liquor maker Kweichow Moutai posted an operating revenue of about 69.58 billion yuan (about 9.75 billion U.S. dollars) in the first half of 2023, up 20.76 percent year on year.
China's top liquor brand reports profit rise
China's leading liquor maker Kweichow Moutai saw its net profit rise about 19 percent year on year to nearly 16.6 billion yuan (about 2.6 billion U.S. dollars) in the first quarter of 2022.
China's top liquor brand forecasts output at 55,300 tonnes for 2021
China's leading liquor brand Kweichow Moutai said that its annual liquor output is expected to reach 55,300 tonnes in 2021.
Sino-French liquor forum held in Paris
A forum here on the culture of liquor has brought together Chinese and French producers, connoisseurs and business players for a taste of traditions and an exchange on innovation and opportunities.
25th Shaoxing Huangjiu Festival accelerates internationalization of Chinese Huangjiu
The 25th Shaoxing Huangjiu Festival & China International Huangjiu Industry Expo kicked off Friday in Shaoxing. It has provided a platform for liquor businesses, experts and representatives to share insights into the development of Huangjiu, accelerating the internationalization of the industry.
China's liquor-making industry reports stable growth in January-July
China's liquor-making enterprises above the designated size saw a total revenue of 485 billion yuan (about 68.57 billion U.S. dollars) in the first seven months of this year, according to the Ministry of Industry and Information Technology (MIIT).
Chinese liquor maker Wuliangye posts solid profit growth
China's leading liquor producer Wuliangye Yibin Co., Ltd. reported a 31-percent net profit growth in the first half of 2019.
Wuliangye inks deal with online retail platform jiuxian.com for new retail dev.
China's leading baijiu producer Wuliangye has joined hands with online liquor retail platform jiuxian.com for cooperating on new retail development of the liquor industry.
China's Moutai to build 30,000 ton liquor technical modification project
Kweichow Moutai Co.,Ltd. (600519.SH) Thursday said in an announcement that the company will build a 30,000 ton Moutai-flavor liquor technical modification project and related facilities, with a total investment no more than 8.384 billion yuan.
Baijiu maker Shuijingfang taps top companies to promote high-end liquors
Shuijingfang, a major Chinese baijiu maker, is expecting its cooperation with other industries and companies would help further promote its sales of high-end liquors in the months to come.
Moutai 2018 targets 15pct growth in operating revenue y-o-y, chairman Li Baofang
Kweichow Moutai Co Ltd, China's signature high-end spirit maker, targets some 15 percent year-on-year growth in operating revenue for the year of 2018, according to group chairman Li Baofang.
2018 China International Alcoholic Drinks Expo wraps up with deals worth RMB37 bln signed
The four-day 2018 China International Alcoholic Drinks Expo (CIADE 2018) concluded in the “city of Chinese liquor”, Luzhu in southwest China’s Sichuan Province, registering 2.3 million visits.
China's top liquor brand reports strong growth in 2017
China's top alcohol brand Kweichow Moutai saw its sales revenue jump by 49.81 percent year on year in 2017, reflecting robust growth in the country's liquor industry.
Cao Junjie: Luzhou to uplift liquor industry competitiveness via three measures
Luzhou will make innovative efforts through three measures to promote high-quality development of the liquor industry and continue to enhance its core competitiveness, said Cao Junjie, Executive Vice Mayor of Luzhou.
2018 China International Alcoholic Drinks Expo kicks off in “city of Chinese liquor”
2018 China International Alcoholic Drinks Expo (CIADE 2018) on March 25 kicked off in Luzhou, a city located in southwest China’s Sichuan Province and also known as the “city of Chinese liquor”.
Baijiu distiller in Sichuan sees heady times ahead
2017 was a boom year for the liquor market in China, with Chengdu, Sichuan-based baijiu distiller Shuijingfang Liquor Industry Co Ltd among the prominent gainers.
Kweichow Moutai to raise prices by 18% from next year
Kweichow Moutai Co Ltd, China's signature high-end spirit maker, announced on Thursday that it would raise the prices of its products by an average of 18 percent next year.
China liquor brand Moutai looks overseas for sales
China's top liquor brand Kweichow Moutai is eyeing larger overseas sales as it seeks to enter the overseas mainstream market.
China's baijiu industry needs to overcome obstacles to further expand overseas market
With the implementation of the Belt and Road Initiative deepening, Chinese enterprises have quickened their pace to go global. For China's baijiu, or distilled spirit industry, however, it still needs to overcome some obstacles in the process of “going ou
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