Strong growth for China food industry

- Last updated on GMT

Related tags: Food processing, Food industry

China's food industry is expected to maintain rapid growth over the
next five years to eventually become China's largest industry by
2020, according to...

China's food industry is expected to maintain rapid growth over the next five years to eventually become China's largest industry by 2020, according to news supplier Asia Pulse. The food processing industry has become the main pillar of China's national economy. Experts predicted that if the proportion of agricultural output value to food industrial output value reaches one to one by year 2020, the output value of foodprocessing industry will surpass three trillion yuan; if the proportion reaches one to two, the food processing industrial output value will hit 6 trillion yuan. Experts said that 30 per cent of the food consumed in China is produced through industrial production.

Related topics: Market Trends

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