After the wine industry enclosure Age Thinking.docVIP

 PAGE \* MERGEFORMAT 10 After the wine industry enclosure Age Thinking In 2005, the country’s eastern grape-growing region about 30% of cut, a direct result of wine grape prices rose 30% to 50%, making grapes in the procurement of war between the major companies continue to occur, resulting in some early grape harvest, affecting wine quality, price rise, makes production costs have increased, even part of the sales-oriented enterprises to stop production. Coupled with China’s accession to WTO, tariffs reduced, so that the rapid increase in imports of wine in 2005, China imported 5.36 million liters of wine, an increase of 22%. The industry is known as ‘seven points of raw materials, one-third of technology’, says that in order to improve wine quality, to enhance the competitiveness of China’s wine in the wine abroad, pressure, and suffered the pain of the torture of raw materials, the major manufacturers have started to expand their own base. COFCO Wines amp;amp; Spirits subsidiary has Shacheng Great Wall, China Great Wall, Great Wall, Yantai, the three companies, with Hebei Shacheng, Changli, Shandong Yantai three producing regions of the large base. But in the end of last year, COFCO International (0506.HK), or invest 100 million yuan, with a joint venture in Shandong Province to set up a joint venture company - COFCO Winery Co., Ltd. Top Nanwang Valley-jun, a total area of 6,000 mu, is expected to two years the annual output of about 1,000 tons of high-grade wine. The dynasty has always been low-key conservative base construction also began an input. Baek Ji Dynasty Chairman of the Board of Health, said five years, Dynasty Winery raw material base area to double from the current 10 hectares grown to 20 million mu in 2010. Among them, dynasty this year in Ningxia, Xinjiang, respectively acquired a base of 2.3 million mu of wine, as an important raw material base for high-end wines. Changyu is with the Ningxia Land Reclamation Enterprise Group signed an ag