You’ve got to be where the action is, and increasingly that action is now primarily in the cities.
Yu added that expanding beer sales abroad is a long-term task for Chinese companies, as beer was originally considered an exotic product, and it took time for foreigners to recognize the high quality of Chinese beers.
Yinchuan, capital of the Ningxia Hui autonomous region, has adopted the nation's first smart city regulation to bolster development of internet-enabled social services and shorten administrative procedures.
You seem to have moved very quickly in your integration with Whole Foods. What can you tell us about where that’s headed? What would surprise people?
Yin Li Bayanqolu (Mongolian) Bater (Mongolian)
Yet, even with law on your side, your school-yard bully tactics and perpetual game of chicken with state legislatures has cost you victories in key states. More importantly, it has cost you a lot of good will.
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Yet, Fuhai Atlantic invested 100 million yuan (.38 million) in Angola in 2017. Average monthly profit of 300,000 yuan in 2017 in Angola appears to suggest that the return on investment was very good.
Yin Weimin, minister of human resources and social security, speaks at a news conference on the sidelines of the 19th National Congress of the Communist Party of China.[Photo by Edmond Tang/China Daily]
Yogurt sales are expected to rise 18 percent this year in China from the same period a year ago to 122 billion yuan (.4 billion) and would for the first time overtake milk sales in the country, according to new data.
Yili Dairy reported a 5.6 billion yuan profit, a 22.24 percent year-on-year increase and Chinese white liquor maker Wuliangye reported 6.79 billion yuan in profits, a 9.85 percent year-on-year increase.