China's catering revenue in Oct sees first positive annual growth

Source: Global Times Published: 2020/11/16 10:24:44

Photo taken on Aug. 17, 2020 shows takeout boxes with notices that remind customers not to waste food at a restaurant in Qiaoxi District of Shijiazhuang City, north China's Hebei Province. Local authorities, in conjunction with the catering industry, in Shijiazhuang have taken measures to prevent food wastage and promote moderate consumption. (Xinhua/Wang Xiao)

China’s catering revenue in Oct reached 437.2 billion yuan ($66.4 billion), up 0.8% y-o-y, with growth rate turning positive for the first time in 2020 under COVID-19, which forced restaurants to close for months.

Posted in: ECONOMY

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