Beijing's food industry grows steadily

FE Team | Published: July 14, 2019 20:38:41

BEIJING, July 14 (Xinhua): China's food industry registered a steady growth in the first five months this year, official data showed.
Retail sales of grain and oil, food, beverage and tobacco and alcohol hit 816.51 billion yuan (about 118.89 billion US dollars) in the period, up 9.5 per cent from one year earlier, the statement said.
In the first five months, business revenue of major companies in the food industry amounted to 3.24 trillion yuan, up 5.5 per cent year on year. Their profit climbed up 10.6 per cent to 221.49 billion yuan.