Consumption: in Jan. – Feb. consumption value totaled 4799.3 billion Yuan in the whole society with growth rate of 10.7% YOY; among that Consumption value for catering industry totaled 507.9 billion Yuan, up by 11.2%YOY. Accumulative consumption value for food totaled 835.7 billion Yuan in Jan. – Feb., up by 13.7% on year on year basis. Deducting price influence, the growth rate of social consumption value, catering industry consumption, grains and oils consumption and food consumption were 9.6%, 12.37%, 8.5% and 11.04% respectively YOY. In Jan. – Feb., food consumption accounted for 53.4% of social retail consumption, down by 7.2% from last year.
 
According to the National Bureau of Statistics, medium and large restaurants’ consumption value was RMB135.6 billion and medium and large stores’ retail value RMB1342.9 billion in Jan. – Feb. up by 9.7% and down by 4.6% respectively on the year-on-year basis.
 
According to the Ministry of Commerce, major enterprises’ sales value growth rate was 3.70%, of which, growth rates of foodstuff, beverage, tobacco, and alcohol were 8.5%, 12.5% , and 13.7% respectively; deducting price influence, retail value growth rates of foodstuff, beverage, tobacco and catering were 6.06%, 12.5%, 13.7% and -26% respectively;
 
Output value: in Jan. – Feb., medium and large sized enterprises’ added value growth rate was 6.8%, of which, the growth rates of agro-food manufacturing industry, food industry and beverage industry were 5.4%, 7.1% and 9.4% respectively; deducting price influences, the output value growth rate was 11.4%, of which, the growth rates of agro-food manufacturing industry, food industry and beverage industry were 6.97%, 6.99% and 9.73% respectively; comprehensive output value growth rate of food industry was 7.84%.
 
Investment: in Jan. – Feb., social investments totaled RMB3447.7 billion Yuan, up by13.9% YOY. The investment for food-making industry, beverage industry, and hotel and restaurant industry, were respectively RMB41.51 billion, RMB22.206 billion, RMB65.54 billion, and 3.99 billion Yuan, up by 7.1%, 20.0%, 6.05% and -3.4%% respectively on the year-on-year basis. Deducting price influences, the growth rate of social investments was 18.5% and that of farm-product-processing industry, food-making industry, beverage and hotel and restaurant industry was 11.92%, 24.80%, 10.9% and 1.4% respectively.
 
Industry profit margin: in Jan. – Feb., medium and large sized enterprises’ revenue and profit were RMB15.19 trillion and RMB745.2 billion respectively, up by 2.9% and -4.37% respectively on year-on-year basis. Revenue profit margin was 4.9%.
























From “China Grains Market Weekly Report”