China looks to develop wine industry
China looks to develop wine industry
Jul 9, 2012 6
(ChinaEconomicReview) - China's wine output is estimated to rise an annual average of 15% through 2015, according to a blueprint of the wine industry outlined by the Ministry of Industry and Information Technology, Shanghai Daily reported.
Yield of domestic vineyards will almost double to around 2.2 billion liters from that of 2010 and sales income would reach RMB60 billion (U$S9.5 billion) by 2015, compared with RMB32.5 billion in 2010, according to a five-year plan for the industry released by the ministry.
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