Proceed drops in China’s beverage production industry


(MENAFN)

China’s Ministry of Industry and Information Technology (MIIT) stated that, the country’s key beverage producers witnessed an overall proceed of around USD51.76 billion in the first three quarters.

According to the ministry, the value dropped 8.2 percent annually but the fall value decreased by 1.3 percentage points from the January-August drop.

The MIIT stated that, the income of beverage manufacturers with yearly proceed of more than around USD3 million dropped 1.3 percent annually in the first three quarters, reaching about USD5 billion.

In the stated period, the production of these companies came in at 129.44 million tonnes, in a drop by 6.1 percent annually.

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