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Chinese spend 3.9 trillion yuan on food in 2017

CHINADAILY  · 公众号  · 时评  · 2018-01-16 16:44
    

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▲ Click ' CHINADAILY ' above to follow us It is a truth universally acknowledged that the Chinese cuisines, with their diversified flavors and delicate appearances, are enjoyed worldwide, and the Chinese never hesitate in searching for new food to taste.  According to a report recently released by the China Cuisine Association (CCA), in 2017, the Chinese people spent an estimated 3.9 trillion yuan ($60 billion) on food, with a year-on-year growth of 10.7 percent. “The turnover of the Chinese catering industry is expected to exceed five trillion yuan by the end of 2020, judging by the present speed and scale in development,” said Jiang Junxian, president of the CCA. Aside from the huge expenditure, there are also some new trends in the way Chinese people consume food.  ❶ Most young people prefer to dine out A ccording to the report, most of the younger generation ………………………………

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