Consumption: in March consumption value totaled 2272.3 billion Yuan in the whole society with growth rate of 10.2% YOY; among that Consumption value for catering industry totaled 237.9 billion Yuan, up by 11.5%YOY. Accumulative consumption value for food totaled 377.6 billion Yuan in March, up by 15.83% 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 8.68%, 8.99%, 10.81% and 13.22% respectively YOY. In March, food consumption accounted for 33.5% of social retail consumption, down by 0.5% from last year.
 
According to the National Bureau of Statistics, medium and large restaurants’ consumption value was RMB6.34 billion and medium and large stores’ retail value RMB1019.9 billion in March. up by 6.8% and down by 3.8% respectively on the year-on-year basis.
According to the Ministry of Commerce, major enterprises’ sales value growth rate was 3.10%, of which, growth rates of foodstuff, beverage, tobacco, and alcohol were 6.0%, 6.6% , and 6.0% respectively; deducting price influence, retail value growth rates of foodstuff, beverage, tobacco and catering were 3.72%, 6.60%, 6.00% and -3.5% respectively;
 
Output value: in March, medium and large sized enterprises’ added value growth rate was 5.6%, of which, the growth rates of agro-food manufacturing industry, food industry and beverage industry were 3.8%, 5.3% and 9.6% respectively; deducting price influences, the output value growth rate was 10.2%, of which, the growth rates of agro-food manufacturing industry, food industry and beverage industry were 4.85%, 5.41% and 9.71% respectively; comprehensive output value growth rate of food industry was 6.65%.
Investment: in March social investments totaled RMB7751.1 billion Yuan, up by13.5% YOY. The investment for food-making industry, beverage industry, and hotel and restaurant industry, were respectively RMB78.504 billion, RMB41.66 billion, RMB31.116 billion, and 50.279 billion Yuan, up by 9.32%, 30.57%, -4.04% and -6.24%% respectively on the year-on-year basis.
 
Deducting price influences, the growth rate of social investments was 18.1% and that of farm-product-processing industry, food-making industry, beverage and hotel and restaurant industry was 13.92%, 35.17%, 0.6% and -1.6% respectively.
 
Industry profit margin: in Jan. – March, medium and large sized enterprises’ revenue and profit were RMB24.21 trillion and RMB1254.3 billion respectively, up by 2% and -2.7% respectively on year-on-year basis. Revenue profit margin was 5.18%.






























From “China Grains Market Weekly Report”