三级aa视频在线观看-三级国产-三级国产精品一区二区-三级国产三级在线-三级国产在线

News >Bizchina

Soft drinks sales may fizz up as economy improves

2010-03-23 09:40

Soft drinks sales may fizz up as economy improves

A Pepsi production line in Chongqing. China's soft-drinks output will continue to grow at more than 20 percent a year. [China Foto Press]


BEIJING - China's soft-drinks output will continue to grow at more than 20 percent a year, Xinhua News Agency said, underscoring the potential for companies such as Coca-Cola Co and PepsiCo.

Prospects for alcoholic-drinks makers such as Kweichow Moutai Co, the world's second-biggest liquor firm by market value, are also rosy, the news agency said. Combined profit at the nation's makers of traditional spirits grew 26 percent in the first 11 months of 2009, Xinhua said, citing a report from China Non-staple Food Circulation Association.

Rapid economic growth, labor laws protecting workers and rising wages are all contributing to growing personal wealth, allowing more of China's 1.3 billion people to spend money on leisure and entertainment. Atlanta-based Coca-Cola reported that sales grew 29 percent by volume in China in the fourth quarter, helping boost global net income at the world's biggest soft-drinks maker by 55 percent.

Coca-Cola's ambitions in China took a blow in March 2009, when the government blocked its $2.3 billion bid for Huiyuan Juice Group Ltd, the country's biggest juice maker, citing competition concerns. Coca-Cola controlled 52.5 percent of China's soda market by volume in 2008, compared with PepsiCo's 33 percent, according to market research company Euromonitor.

China's growing number of wealthy is also driving changes in the nation's drinking habits, with more people switching to wine made from grapes rather than rice.

China is expected to be the world's seventh-largest consumer of wine by 2013, according to a report by Vinexpo this month. Chinese are projected to drink about 1.26 billion bottles of wine by then, almost a third more than last year, the organizer of wine shows said.

Mainland buyers won at least a quarter of the bids at a Sotheby's wine auction in Hong Kong in January, when a 6-liter bottle of Chateau Lafite 1982 fetched $46,700.

"Many Chinese buy to drink, entertain and impress," Kevin Ching, Sotheby's Asia chief executive, said at the time. "That is good, because it means that they would have to replenish their stock and buy more often," he said.

Sotheby's said Hong Kong has surpassed London as the largest market after New York for rare vintages.

High-end spirits will also be a more obvious market trend in the next few years, Xinhua said, citing the report.

Related News:

主站蜘蛛池模板: 激情婷婷 | 妞干网免费在线视频 | 欧美精品综合 | 性欲影院 | 国内91视频| 国产一二三区在线 | 99视频都是精品热在线播放 | a级在线看| 欧美一级特黄aaaaaa在线看片 | 精品牛牛影视久久精品 | 成人免费视频网址 | 欧美国产日韩综合 | 成年午夜性爽快免费视频不卡 | 日韩中文字幕在线看 | 毛片2016免费视频 | 欧美成人丝袜一区二区 | 高清潢色大片 | 一级中文字幕 | 国产精品日日做人人爱 | 国产成人精品日本亚洲18图 | 图片一区 | 欧美日韩中出 | 中文字幕精品一区二区日本大胸 | 亚洲精品区在线播放一区二区 | 三及黄色片 | 亚洲国产美女视频 | 精品视频69v精品视频 | 日韩三级一区二区 | 欧美在线观看日韩欧美在线观看 | 成人污污视频 | 亚洲色图日韩精品 | 中文字幕日韩精品一区口 | 亚洲成年看片在线观看男男 | 小明永久免费看aⅴ片 | 日本不卡免费新一二三区 | 性毛片| 欧美人成人亚洲专区中文字幕 | 高清xx另类麻豆性色生活片 | 国产免费叼嘿网站免费 | 毛片96视频免费观看 | 欧美精品一区二区三区观 |