Food industry output increases in first eight months

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Last updated at: (Beijing Time) Sunday, October 26, 2003

Food industry output increases in first eight months

China's food industry reported an output of around 801.1 billion yuan (96.87 billion US dollars) forthe eight months to August, 18.67 percent higher than that of the corresponding period last year.

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China's food industry reported an output of around 801.1 billion yuan (96.87 billion US dollars) forthe eight months to August, 18.67 percent higher than that of the corresponding period last year.

According to the latest statistics from the China National FoodIndustry Association (CNFIA), the country's food industry also realized a sales volume of about 762.9 billion yuan (92.2 billion US dollars) from January to August, up 20.14 percent over last year.

Despite the SARS (severe acute respiratory syndrome) outbreak in spring, China's food industry kept considerable growth in the first eight months of this year. All economic indexes reflected a sound operation in the food sector, which boasted both high investment and output levels, said CNFIA.

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