"We are excited about the opportunities this vibrant market presents and are committed to contributing to the growth and development of the coffee industry in China." Between 2010 and 2022, coffee consumption per person in China rose fourfold, said the International Coffee Organization. More than ...
"The coffee industry in China has developed rapidly in the past decades, yet there is still a massive untapped potential," said 46-year-old Ji Zhonghua, a coffee enthusiast from northeast China's Jilin Province. Ji believes that coffee, once considered a luxury, has now evolved into an ever...
This burgeoning interest in coffee among Chinese consumers has sparked significant investment in the sector. In the first 10 months of last year alone, the coffee industry received nearly CNY 6 billion (USD 890 million) in financing, underscoring the growing economic importance of coffee in China....
Nestle, Starbucks, Volcafe and other enterprises have had business cooperation with Yunnan in the coffee industry. KUNMING, Oct. 26 (Xinhua) -- Yang Hongjian, born in the 1990s, is building a coffee estate in his hometown in Pu'er City, southwest China's Yunnan Province. Yang, whose ...
In 1999, Starbucks entered the Chinese market, opening its first location in Beijing’s China World Trade Center. More than 20 years later, Starbucks dominates the Chinese coffee industry with 80 percent of the market share. In December 2019, the company had over 4,000 locations spread acr...
Hotelex, which is the biggest coffee expo in China. All of our friends are here. The whole industry is here. I think it's our eighth or ninth year to participate. And you know, it's really fun to be with all the different coffee people, all the different parts of the industry ...
of the Kunshan industrial chain provides a good development environment for everyone. We want to promote Chinese coffee brand on the world stage”,Hou Hongmei, Executive Vice President and Secretary General of Coffee and Beverage Professional Committee of China Foods Limited Industry Association, said....
An Ethiopian exhibitor makes coffee at the pavilion dedicated to the coffee industry during the 8th China-South Asia Expo in Kunming, southwest China's Yunnan Province, July 24, 2024. (Xinhua/Hu Chao) KUNMING, July 27 (Xinhua) -- Daniel Yilak Bezabeh has been drinking coffee for years, ...
The jostling over coffee prices captures an emerging trend among Chinese consumers who are price conscious. The coffee price battle isn’t just about beans and brews—it’s a reflection of larger economic shifts in China and the quest for differentiation in the coffee industry. And while the ar...
This rapid expansion into smaller cities is advantageous for large on-premise coffee brands due to lower expenses on management, labor and rent compared to major cities, said Wang Qi, vice-president of the Beijing-based China National Food Industry Association. ...