Liquor business booms —September tally

chinadaily.com.cn| Updated: November 3, 2015 L M S

From January to September 2015 Xiamen saw a 90 percent annual growth in the import of alcohol.

The import of alcohol in the first nine months of 2015 reached $137 million. It was the first time alcohol import in Xiamen exceeded $100 million.

Thanks to the market's growing appetite for beer products, those products represented the biggest portion of alcohol import in that time period, totaling $84.7 million. The growth translated into a 254 percent increase year on year.

During the period, Xiamen imported assorted alcohol products from a total of 36 countries and regions. The sources of alcohol import diversified, with import from the Netherlands, France and Spain exceeding $10 million.

Why Xiamen

Xiamen is one of the most economically competitive cities in China and was one of the first Special Economic Zones on the Chinese mainland. As a vice-provincial city independently listed on the State development plan, it has provincial-level authority in economic administration and local legislative power. In 2010, the Xiamen SEZ was expanded to cover the entire municipality. Today, Xiamen is a modern and international port city.