Canigao set up branch in Shanghai

 Opening reception was held in Shanghai

Shanghai branch of Wenzhou Canigao Trade co. Ltd. was set up in Shanghai on December 29. Canigao is one of French Castel’s strategic partners in China.

Wenzhou Canigao started cooperation with Castel in 2008. In 2009, Castel sold nearly RMB1 billion by value in China, Wenzhou Canigao ranked No.1 both for import value and sales value among all of Castel’s distributors.

In recent years, China has become the main market for many international wine producers. Shanghai becomes one of the most important city for its unique geographical location. With its "two centers" planning as well as the upcoming 2010 World Expo, Shanghai's wine market also will become more active. Besides France, Germany, Italy, Spain and other traditional wine producing countries, wines from South Africa, Tunisia, Israel, also began to enter Shanghai markets.