Wine Industry in China, 2005

Wine Industry in China, 2005

Chinese white wine sector continued the stable growth trends in 2004.The production volume maintained at the level of 3 million tons. The focus of competition lies in the marketing strategy. The gap regarding performance and growth rate among companies is getting larger and larger. The concentration of the industry further inclines to the leading enterprises.

SARS decreased beer production in 2003. And year 2004 saw an explosive growth rate of 15.2% in beer production. The annual growth rate of the beer sector in China will maintain at the level of 6-8% in the future several years, the entire beer sector will keep the stable growing trends, market share will further converge to large-scale firms and the advantages of the leading beer firms will become more obvious in 2005-2006.

In views of consumption preference, brand recognition and culture identity, we hold a very optimistic view regarding the grape wine sector. Year 2004 saw a growth rate of 17.6% in China's grape wine production, which indicated an accelerating development comparing the rate of 10-15% in 2003. The grape wine sector in China will maintain the fast growing trend with a growth rate of 20% in 2005 and 2006.

The 2004 annual reports and 2005 quarter reports of the industry represented big performance differences among the listed companies in the Chinese white wine sector.
So will the beer sector. And the performance of the listed companies in grape wine sector went beyond the market expectation.

Part I Industry

Chapter One: Chinese white wine
1.1 2004: gross production tends to be stable
1.2 Industrial concentration on leading firms further strengthened
1.3 Product mix tends to be middle and high-endlization
1.4 White wine consumption tax: still restrained industry efficiency in 2004
1.5 2005-2006 prospects: pay attention to policy adjustments

Chapter Two: Beer
2.1 2004: incidental factors caused 15.2% rapid growth
2.2 M&A continued in 2004
2.3 2004-2005 market prospects

Chapter Three: Grape wine
3.1 2004: market development accelerated
3.2 Tariff analysis
3.3 Competition pattern analysis
3.4 2005-2006 prospects

Part II Enterprises

Chapter Four: Evaluation indicators of listed firms in wine industry

Chapter five: Chinese white wine
5.1 Overview of 2004 annual reports and 2005 Q1 reports
5.2 Performance forecast of listed firms in 2005-2006
5.3 Market performance and review of listed firms

Chapter Six: Beer
6.1 Overview of 2004 annual reports and 2005 Q1 reports
6.2 Performance forecast of listed firms in 2005-2006
6.3 Market performance and review of listed firms


Chapter Seven: Grape wine




--------------------------------------------------------------------------------
Selected tables and figures
--------------------------------------------------------------------------------
Overview of 2004 annual reports and 2005 Q1 reports in Chinese white wine sector
Overview of listed firms' operation performance in Chinese white wine sector, 2003-2004
Overview of 2004 annual reports and 2005 Q1 reports in beer sector
Overview of listed firms' operation performance in beer sector, 2003-2004
Overview of 2004 annual reports and 2005 Q1 reports in grape wine sector
Overview of listed firms' operation performance in grape wine sector, 2003-2004
Overview of Chinese white wine production in recent years in China
Overview of beer production in recent years in China
Overview of grape wine production in recent years in China