Post by
optiprime on Mar 08, 2011 3:01pm
“Statistics show that imported bottled wine to Chi
“Statistics show that imported bottled wine to China has increased 2368% since 2002 to 2009.”
The still wine industry witnessed year-on-year growth of 4.6% between 2006 and 2011 and presently accounts for more than 32.1% of the total market.
In 2009, Chinese wine production amounted to 960,000 kiloliters, rising by 37.48% YOY.
For the longest time, the Chinese market presented a wary investment field in the industry however in the past decade there has been beneficial legislation passed which significantly lowered the tax on imported products, thus opening the market to the world-wide arena.
However, there is still a tremendous distinction between the various distributors and retailers of wine, which makes LWSP a one of a kind company in this industry.
LWSP has developed a strategy and has discovered the most optimal form of conducting business in the region, enabling LWSP to simultaneously cut costs and increases profit margins.