|
|
Article: CHINA 2007 CATERING RETAIL SALES TO HIT CNY1.22 TRILLION
- Article from:
- AsiaInfo Services
- Article date:
- July 5, 2007
CopyrightProvided by ProQuest LLC. (Hide copyright information)
|
AsiaInfo Services
07-05-2007
China 2007 Catering Retail Sales to Hit CNY1.22 Trillion
BEIJING, Jul 05, 2007 (SinoCast via COMTEX) -- The retail sales of China's hotel and catering sector will be likely to grow at a speed of 18 percent and increase to over CNY 1.22 trillion in the full year of 2007.
The nation's hotel and catering industry was booming in the first three months of 2007, with more than CNY 298.36 billion turnover, up 17.4 percent from the same period of a year earlier.
The turnover for the period from January to June of 2007 was estimated at CNY 581.8 billion, a year-on-year growth of 17.9 percent or CNY 88.15 billion. It accounted for 13.8 percent of the country's total retail ...