Chinese spend 90 billion US dollars in restaurants in 2004

Xinhua has a report on China’s and beverage industry: “People go to restaurants not just for delicious . They gather for reunions, dating, fun, negotiations and even for work meetings.

Whatever the reason, such diners are the backbone of China’s robust catering industry. The Ministry of Commerce estimates a total turnover of 730 billion yuan (US$90 billion) for this year alone, a 10 billion yuan (US$1.2 billion) jump over the target set at the end of last year…”

Thanks to Danwei for the link.

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