Chain Catering Market in China 2016

1
China Chain Catering Industry Report,
2013-2016byResearch In China

• Explore all reports for Food Beverage market
• _at_ http//www.chinamarketresearchreports.com/cat/fo
  od-beverage.html .

2
China Chain Catering Industry Report, 2013-2016

• The collection of Food Beverage market
  research reports has a new addition of China
  Chain Catering Industry Report, 2013-2016On
  chinamarketresearchreports.com . Against
  unfavorable factors such as slowdown in growth
  rates for domestic and overseas economies,
  in-depth implementation of a series of
  regulations like Eight Requirements and Six
  Bans issued by the Central Government, H7N9s
  bird flu as well as ever-growing food safety
  issue, China catering industry encountered grave
  pressure, with the revenue in 2012 increasing by
  13.6 year-on-year to RMB2.3448 trillion,
  touching the bottom in industrial growth rate
  since 1991. Likewise, the revenue of chain
  catering enterprises above designated size posted
  RMB128.3 billion, up 14.6 year-on-year.
• Since 2013, Chinese catering firms have witnessed
  a contraction in terms of profit cut. From
  January to November, the revenue in the industry
  grew only by 9.0 year-on-year to RMB2.2913
  trillion.
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3
China Chain Catering Industry Report, 2013-2016

• Under the influence of opposing extravagance and
  waste launched by the central government, a great
  many of catering enterprises saw great loss since
  many officials were no longer allowed to have
  lavish public banquets, which contributes in a
  large part to the drop in revenue of the high-end
  catering sector. Furthermore, the net income of
  major listed industrial players witnessed a drop
  in the main. A case in point was Xiangeqing,
  which posted a year-on-year drop of 375.4 when
  it comes to the net income in the first three
  quarters of 2013.
• A series of adverse situations such as
  ever-growing operation cost, declining profit and
  massive change in demand forces industrial
  players to seek for breakthroughs by means of
  transformation. For example, they glue their eye
  on family feast, gathering, wedding banquet and
  other popular markets. Besides, they present
  low-priced dishes and drinks to attract
  consumers.
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  researchreports.com/114690.html .