China: Food Service - Hotel Restaurant Institutional Report

  |   Attaché Report (GAIN)

China’s economy slowdown has shown its negative impact on the expansion of food service industry. Food safety scandals continued to be exposed, in return, the scared consumers reduced their dining-out frequency. In addition, the government policy of reducing public funds on lavish expenditures deeply impacted high-end hotels and restaurants. The industry had adopted various strategies to overcome the difficulties. While first-tier cities remain the strongest centers of consumption and spending in the Hotel, Restaurant and Institutional Sector, the industry will continue to grow substantially in Emerging City Markets. 

China: Food Service - Hotel Restaurant Institutional Report

Related Reports

Attaché Report (GAIN)

Mexico: Livestock and Products Annual

Animal protein supplies remain tight in Mexico. Post forecasts beef production to grow to 2.19 million metric tons (MMT) carcass weight equivalent (CWE) in 2022, up 3.3 percent from 2021.
Ecuador: Ecuadorian Government Lowers Tariffs for 43 Agricultural Products On July 9th, 2021, Ecuador’s Foreign Trade Committee issued Resolution No. 009 – 2021, lowering tariffs on 667 products, including 43 agricultural products. This resolution will come into effect on October 1st, 2021 and will be permanent.
On July 28, 2021, the State Administration for Market Regulation (SAMR) published a notice soliciting comments on "Further Regulating the Labeling and Marking of Infant and Young Children Formula Milk Powder Products (Draft for Solicitation of...