date:Aug 02, 2013
inventory situation has forced them to change their strategy for development.
Xie Ji, an analyst at the New Food Industry Institute, said with the decline in spending on luxury drinks and growth in public consumption of liquor, the two sides will eventually overlap in the product range priced between 100 and 300 yuan. The liquor products of this price range will make up half of the industry total sales in the future, he said.
An increasing number of distributors who used to represent mid-range