Networked Blogs

Archives

Posts Tagged ‘China’

Global celebration of baijiu planned for August

June 16, 2015 9:35 am - Posted by Jody in Drink

baiju

Assorted baijius. Photo provided to China Daily Beijing wine and nightlife blogger Jim Boyce announced this week that bars and restaurants in several countries will participate in World Baijiu Day, a series of events designed to make consumers outside of China familiar with the nation’s popular white spirit. The world’s most-consumed alcoholic beverage is little-known abroad,… read more

wine news

Paris (dpa) – The United States retained its ranking as the world’s biggest wine drinker in 2014 as China crept to second place globally in terms of vineyard surface area, the International Organisation of Vine and Wine said Monday. Americans drank 30.7 million hectolitres of wine last year, beating the French who drank 27.9 million hectolitres.… read more

off

‘China Will Rock Our Wine World’

May 21, 2015 9:22 am - Posted by Jody in Drink

winechina

China is in the midst of another red revolution, but this one involves red wine. Over the past 15 years, its fledgling wine industry has expanded dramatically, with vineyards now occupying more than 3,000 square miles of land, according to a report by the International Organization of Vine and Wine. That’s more than 10 percent of… read more

off

Wines displayed in la Bordeauxthéque at its grand opening party, in the newly-launched French department store Galeries Lafayette, in Beijing on Feb 27, 2014. [Photo/chinadaily.com.cn] Wine consumption in China rose by 5.6 percent last year compared with 2013, despite a gloomy political and economic situation for the market, a research report said on Wednesday. A total… read more

off

China’s drinks sector suffers New Year hangover

February 3, 2015 3:29 pm - Posted by Jody in Drink

Jody may not be the world’s biggest fan of baijiu but our Editors track liquor and wine consumption in China very closely. The Middle Kingdom has become the new epicenter of wine consumption and a slow down here could have effect far and wide.Fortunately many new e-commerce channels are opening n China so we’re pretty excited t see what kind of pioneering online wine sales will come from the likes of Alibaba and more.

Although 2015 has so far started on a relatively positive note for China’s drinks industry with a slight increase in stock prices, the nation’s baijiu sector remains sluggish. A visitor inspects liquor products at a recent wine and spirits trade fair in Wuhan, capital of Hubei province. Apart from Moutai, which saw 2 percent growth in… read more
off

Lost heaven’s mystic touch

January 26, 2015 12:40 pm - Posted by Jody in Drink
My frequent visits to restaurants across Beijing have become boring. For a while now, I’ve been finding food to be either delicious or simply monotonous. The ground floor bar.[Photo by Feng Yongbin/China Daily] A heady mix of ethnic cuisines from Yunnan, along an ancient tea route, makes the Beijing restaurant a go-to place. My frequent visits… read more
off

Wine in China

July 5, 2014 8:29 pm - Posted by Jody in Drink

China is on every wine producer, distributor and lover’s mind. It has and will continue to change the world of wine. Frankly China wine will continue to be a huge story in the years to come and this is a region that the Editors of Wine Portfolio have long focused on. Why? Because we love opening up new consumers to the world of wine. And so we are proud to present this exhaustive report of wine in the Middle Kingdom.

Recent years have seen substantial growth in Chinese grape wine market. From 2001 to 2012, the grape wine output in China had shown an upward trend with the CAGR of 16.5%. However, the 18th CPC National Congress called on the restriction of spending by central government bodies on official overseas visits, official vehicles, and official hospitality, “six bans”, and alcohol prohibition in the military, leading to the slowdown of growth or even decline in China grape wine market. In 2013, the output and consumption of grape wine in China went down by 4.7% year-on-year and 13.7% year-on-year, respectively.

By region, the consumption in China grape wine market varies a lot in terms of development. For now, China’s southeast coastal regions, including Shanghai, Guangdong, Fujian and Zhejiang where are economically developed, have achieved provincial-level market scale valuing RMB1-3 billion, city-level market scale valuing RMB100 million, and county-level market scale valuing RMB10 million. However, in the north and the vast central and western regions, the grape wine consumption is still at a stage of market incubation, with the exception of such cities as Beijing and Chengdu.

Due to the restriction of weather and geographical conditions, the grape wine production in China demonstrates higher regional concentration. In China, there are just three provinces and municipalities seeing the annual grape wine output of 100 million liters or more. Among these, the largest grape wine producers come to Shandong (the Bohai Bay area) and Jilin (Tonghua), with the combined output in 2013 amounting to 712 million liters or 64% of the national total. In Shandong, Chardonnay, Carbernet Sauvignon, Merlot, and Carignane are major grape wine varities. Also, planting bases of homegrown grape wine producers like CHANGYU, Great Wall and Dynasty are located in Shandong.

With China’s accession into the WTO, China’s import tariff on grape wine was reduced from 65% to 14%, bringing a large inrush of foreign wines into the Chinese market. In 2012, the wine import volume of China reported 394 million liters, equivalent to 2.4 folds of the figure in 2008. In 2013, the Ministry of Commerce launched anti-dumping and anti-subsidy investigations on made-in-EU wines. Together with the impact brought by the government call to restrict the spending by the central government bodies on official overseas visits, official vehicles, and official hospitality, China’s total import volume of grape wine witnessed a year-on-year decline of 4.5%. In 2013, China’s import volume of bottled wine accounted for 74% of the total, with France as the major import origin.

China grape wine industry is to enter into a stage for structural adjustment after 2013 (for instance, de-stocking targeting wine dealers, grape wine producers’ orientation to low-and medium-end market), in order to pop the market bubble for a comeback to the right track. It is estimated that the CAGR of grape wine consumption in China between 2013 and 2016 will post 9.7%.

 

off

From Europe to the Middle Kingdom – Wine Connects

November 11, 2013 11:16 am - Posted by Jody in Drink
Spanish winemakers eye China’s wine frontier (via AFP)

Wines from Spain and the New World are gaining ground in China at the expense of their French counterparts, as increasingly adventurous Chinese wine enthusiasts push back the frontiers of a surging market, say experts. Exports of Spanish wines surged…


read more

off

China’s Wine Market is Heating Up

November 1, 2013 9:50 am - Posted by Jody in Drink

Again we’re happy to have beat our friends at CNN to the story of wine in China. In 2010 we mounted 3 trips to China to explore the nascent wine scene and bring the growing Chinese wine movement to our community. And this is a story we’ve continued to follow. Now a new documentary aims to show how Chinese consumers are now the largest importer of Bordeaux wine and what this will mean for the rest of the world.

Film spotlights power shift in the wine (via CNN Video)

China has a thirst for wine and a new documentary tries to bottle that obsession. CNN’s Neil Curry reports.


read more

off

Happy Chinese New Year

January 22, 2012 6:00 pm - Posted by Jody in Eat

gōng xǐ fā cái – Happy New Year to our Chinese fans around the world. To celebrate the fast growing wine scene in middle kingdom check out our main site for videos and more from Hong Kong and China

off