Top 20 Brands to China's Food Industry Made Debut

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Last updated at: (Beijing Time) Monday, December 03, 2001

Top 20 Brands to China's Food Industry Made Debut

Wahaha, Jianlibao, Yili with other 17 brands were granted top 20 brands on the 20th anniversary ceremony of China's Food Industry Association on 2nd December. China's Food Industry developed so rapidly over the past twenty years that it's been the pillar industry of national economy.

Top 20 brands granted recently

Wahaha, Jianlibao, Yili with other 17 brands were granted top 20 brands on the 20th anniversary ceremony of China's Food Industry Association on 2nd December.

Senior officials attending the ceremony were Tian Jiyun, member of Political Bureau of the CPC Central Committee, Vice Chairmen of Standing Committee of the National People's Congress Wang Guangying, Tmour Dawamat and Wu Jieping, and Vice Chairmen of the CPPCC National Committee Yang Rudai, Sun Fuling and Ji Shuping.

The top 20 brands are: Wahaha, Guan Sheng Yuan, Shineway, Weiwei, Lianhua, Brightdairy, Jianlibao, Yili, Yeshu, Sanlu, Haitian, Hengshun, Onlly, Mafei, Kang Shi Fu as well as other 5 alcoholic drink and cigarette brands.

Besides, 20 achievements in scientific and technological research and development were also awarded.

China's Food Industry Association first issued commendations to foreign-invested food companies, like Hong Kong Sizhou Group, Coca Cola Co., Hongniu Vitamin Beverage Co., Wangchao Grape Wine Co., Shanghai Pepsi Cola Co. and etc.

Food industry develops rapidly

Sources said China's Food Industry developed so rapidly over the past twenty years that it's been the pillar industry of national economy. In 2000, it achieved an output value totaling 843.4 billion, including 143.03 billion of profit and 13.23 billion of export earning.

Two Billion Opportunities for Food Companies - China's Food Industry

As the world's most populous country, China is both a major producer and consumer of food and food ingredients.However, China is still a developing country, and there is a large gap between its demand for food-related products and its ability to satisfy this demand. This condition is being exacerbated by the country's high growth rates and the accompanying gains in living standards. Demand for imported finished food products is on the rise as well, increasingly with a Western flavor. Literally and figuratively, China hungers for products as well as new, advanced food technologies. Many opportunities exist for international trade and foreign investment. With the encouragement of the Chinese government, food and food ingredient manufacturers are receptive to direct investment, strategic alliances, joint ventures, technology transfer, or the direct purchase of food and advanced ingredients. China is also seeking to modernize its food plants, and opportunities exist for manufacturers of food production equipment.

by PD Online Staff Yang Ruoqian