Regal Life Announces AWA Wine Strengthens Its Corporate Profile With(2)
By 2009-3-13 9:48:58
China Wine Marketplace
According to China Alcohol Industry Association, wine consumption in
China is increasing substantially and it is already the largest wine
consumer in Asia. The consumption of wine in China is forecasted to
increase 70% between 2008 and 2011. In 2011, the estimated wine
consumption in China will be 1,100,000,000 L
(http://www.wines-info.com/en/). In addition, the top quality wine
market in China is growing fast. The highest increase in wine sales
is expected in the premium wines with an estimated growth of 157.5%
in the period 2005 -2010 to reach 50% of the total wine consumption.
About Regal Life Concepts, Inc.
Regal Life Concepts, Inc. is a publicly traded company with
headquarters in Phoenix, Arizona. Regal Life Concepts, Inc. is
strategically positioning itself in the health, wellness and
lifestyle arena and is investigating further opportunities in Asia.
Regal Life Concepts, Inc. trades on the NASDAQ OTC BB under the
ticker symbol: RGLC. The Company is focused on the health, wellness
and lifestyle sector with a multi-faceted approach to market
penetration. The company has identified two major growth industries
-- Wine Distribution Market in China and Health and Wellness
Tourism.
About Guangzhou AWA Wine Co., Ltd.
Established in 2005, AWA Wine is a wine importer and distributor in
China with a unique and innovative business approach to capitalize
on the rapid growth in the number of Chinese imported wine
consumers. Its expansion model has allowed the company to scale its
business rapidly -- now doing sales all over China throughout
several provinces.
From finance.yahoo.com
