USEUROPEAFRICAASIA中文双语FrançaisHOMECHINAWORLDBUSINESSLIFESTYLECULTURETRAVELWATCHTHISSPORTSOPINIONREGIONALFORUMNEWSPAPERChina Daily PDFChina Daily E-paperMOBILEBusinessMacroCompaniesIndustriesTechnologyMotoringChina DataFinanceTop 10Home / Business / CompaniesProject of 6,600 tons of Moutai liquor to be launched in 2018
Xinhua | Updated:2017-11-28 16:26GUIYANG — Chinese liquor producer Kweichow Moutai Group will launch a new project with the output of 6,600 metric tons of Moutai liquor in 2018 to meet rising demand from home and abroad.It plans to reach a target of 136,000 tons of alcoholic beverages in 2023, including 56,000 tons of Moutai liquor.In the first 10 months of the year, Moutai exported 1,623 tons of alcoholic beverages and earned $281 million. The groups sales revenue is predicted to exceed 60 billion yuan ($9 billion) this year, while its profits will reach 30 billion yuan, said Yuan Renguo, chairman of Kweichow Moutai Group.By 2020, the amount of Moutai liquor sold overseas will account for at least 10 percent of the companys total production, according to the groups plan.Distilled in the town of Maotai in Southwest Chinas Guizhou province, Moutai is considered the countrys national liquor and often served on official occasions and at state banquets.Related StoriesMoutai opens up window in bid to expand into African continentChinese national liquor Moutai eyes Southern African marketMoutai opens up window in bid to expand into African continentChinese national liquor Moutai eyes Southern African marketMoutai liquor eyes overseas expansionPhotoVolunteers gearing up for 4th World Internet ConferenceRenowned sneaker designer has million-yuan handsThe worlds top 10 tech cities in 2017Yiwu global manufacturing expo gets underwayJack Ma lectures African entrepreneurs at AlibabaChina-developed AC312E helicopter completes plateau testsMost Viewed in 24 HoursState Council NewsChina, CEE countries’ growing cooperationChina to establish Made in China 2025 national demonstration zonesTop 10Top 10 cities with most digital talentsEditors picksChinas wealth inheritors: Entrepreneurial, educated, less materialisticSamsung unveils intelligent assistant BixbyChina DataTop executives of US companies share views on innovationQ&A With CEOSights and sounds of the future3D caught in sharp focusSpecial2017 Summer DavosChinas Q1 economic dataBACK TO THE TOPHOMECHINAWORLDBUSINESSLIFESTYLECULTURETRAVELWATCHTHISSPORTSOPINIONREGIONALFORUMNEWSPAPERChina Daily PDFChina Daily E-paperMOBILECopyright 1995 -var oTime = new Date();
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