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People's Daily Online>>China Business

Imported wine market grows rapidly in China

(Xinhua)

11:10, March 28, 2012

HEFEI, March 27 (Xinhua) -- China imported a record 1.27 billion U.S. dollars of bottled wine in 2011, up 94 percent year-on-year, according to figures released Tuesday at the first China Worldwide Wine Summit Forum.

Meanwhile the value of imported loose-packed wine was down 20 percent from the previous year to 120 million U.S. dollars.

The sale of imported bottled wine first surpassed imported loose-packed wine in 2009, according to Lin Feng, vice president of H & J Consulting Company.

"The sale of imported bottled wine doubled that of loose-packed wine in two years, indicating that the imported wine market is evolving from low-end to high-end," Lin said during the forum held in Hefei, capital of Anhui Province.

According to statistics provided by the China Culture Association of Poetry and Wine (CCAPW), also the sponsor of the forum, the total volume of im