March - 2019

WHAT'S NEW?

New Value-Added Tax Cut Helps Lowering Wine Import Cost

In order to boost the tightening economy and sustain an economic growth targeted between 6% to 6.5% in 2019 (China achieved 6.8% GDP growth in 2018), with effect from April 1, 2019, China will further decrease the Value-added Tax (VAT) rate from 16% to 13%, this is in shorter than a year since last May, when the VAT was reduced 1% from 17% to 16%. This VAT cut will have slight help to wine importers but very little (if not none) to the end-user wine consumers. Below are the t

Wine Imported to China Dropped in Volume – 2018 Data

The momentum of Chinese imported wine business experienced a blow due to political and economic factors (especially the Sino-US trade war). This was the first-time slow down since 2014 (Chinese government imposed austerity measure and anti-corruption campaign in 2013). Almost all sectors dropped in volume (from 4% to 11%), and thanks to the increasing average unit price which helped making a slight growth (2.11%) to the total import to US$2.856 billion (from US$2.797 billion

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Chinese Wine Market 2019 – A Geographical Market & Consumer Power Analysis

A Top Reference Guide to Int’l Wine Businesses to Where They Should Invest & Sell Their Wines

Selling Wine to China is a Sophisticated Marketing Engineering Work - Deal with it in a Complex Appr

Private Label (OEM) Wine Is Damaging The Reputation And Credibility of Imported Wine To Chinese Cons

Does Chinese Drink Wine In Restaurant (Why Wine On-trade Business Doesn't Work in Chinese Restau

WeChat changes the landscape of all (including wine) business promotions in China

Where Should You Invest Your Money for Your Wine Promotion in China?

A Must-Know Fact To Your Wine Marketing & Promotion In China - What is WeChat and how it could h

2016 China’s Imported Wine Data II – Bottled Wine (≤ 2 Liter) An Alert to Spanish Wine Producers

Chinese Consumer Behavior – How It Relates To Your Wine Business in China?

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