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Saturday, August 20, 2022
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    China’s food industry logs steady growth in H1

    BEIJING (Xinhua) – China’s food industry saw stable expansion in terms of production and sales in the first half of the year (H1), data from the Ministry of Industry and Information Technology showed.

    The value-added industrial output of the agricultural and sideline food processing sector rose 3.3 per cent year-on-year in the period, while that of the food manufacturing sector climbed 4.1 per cent year-on-year, according to the ministry.

    The sector of beverage and refined tea manufacturing saw its industrial added value surge 8.4 per cent over the previous year.

    In H1, retail sales of grain, oil and food hit CNY903.18 billion (about USD133.76 billion), up 9.9 per cent year on year.

    Retail sales of beverages rose 8.2 per cent, while those of tobacco increased by 6.7 per cent.

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