China: Ningxia wine exports in the golden period

Published 2021년 7월 23일

Tridge summary

Ningxia's wine industry has seen a significant growth in the first half of 2021, with wine exports reaching 3.65 million yuan, a 75.48% increase from the previous year. Despite the impact of the epidemic, the industry has maintained a positive growth, with over 30 companies affected. The industry has a large planting area for wine grapes and has built 101 wineries. The Yinchuan Customs is implementing measures to speed up customs clearance and reduce export costs for enterprises. The customs is also planning to assist the wine industry in overcoming technical trade barriers and improving foreign trade facilitation.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

China News Service, Yinchuan, July 23 (Reporter Li Peishan) It is July, and the major wine estates in Ningxia have begun a new round of busy scenes. Boxes of wine that have passed the customs inspection on the spot are successively loaded into the container and ready to go. Shipping abroad. According to statistics from Yinchuan Customs, in the first half of 2021, Ningxia’s wine exports amounted to 3.65 million yuan (RMB, the same below), a year-on-year increase of 75.48%, ushering in the golden period of foreign exports. Wine is one of the nine major industries in Ningxia. Although it started late, its foreign trade potential is huge. At present, Ningxia’s wine grape planting area has reached 550,000 mu, accounting for more than 1/4 of China. It has built 101 wineries and has registered wine export enterprises. Although more than 30 companies are affected by the epidemic, Ningxia's wine exports have maintained a positive growth. In 2020, Ningxia's wine exports will exceed 2.6 ...

Source: Chinaeconomy