(MENAFN)
Data from China Hospitality Association showed that the revenue of the Chinese catering business kept seeing an increase in the starting 7 months of the year.
The industry revenue increased 9.4 percent since the past year to set at USD350.9 billion in the period.
The consumption of the Chinese catering industry is predicted to hit USD0.66 for the entire year.
Due to the pro growth policies of the government, consumption growth remains a strong driver for the economy.
MENAFN2109201900450000ID1099032573
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.