China the World’s Fifth Largest Wine Consumer
Shanghai China – Wednesday, August 04, 2010 – ShutterVoice – Only last week it was confirmed that China was the biggest user of power and energy in the world. Now we confirm that PRC have risen to number five in the world of wine consumers, the sheer size of the population and the size of the economy makes number five look like they will soon be in the top three and eventually number one wine consumer in the world.
In 2008 the Hong Kong government eliminated all wine duties and in typical HK style they have quickly moved forward and have established a very comprehensive distribution center for wine brands from all around the globe. They now service all the mainland with all colors of wine. The opportunity for growth in the market is almost unlimited, and the Asians and the Chinese have the money to pay for and consume quality wine brands
‘Wine in China what a huge market to tap into!’
