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with a population of over 1.4 Billion people, china is one of the biggest consumers and importers of food products in the world.
USD 1.04 Trillion (2024), will reach USD 2.13 Trillion in 2033. Revenue of Food lndustry +8.3% CAGR (2024-2033)(1)
In 2024, the per capita disposable income of Chinese residents will be 41314 yuan, and the per capita consumption expenditure of Chinese residents will be 28227 yuan, with a real growth rate of 5.1%
In 2024, the per capita expenditure on food, tobacco, and alcohol consumption of residents in China will be 8411 yuan, increase 5.4%, accounting for 29.8% of the per capita consumption expenditure. In 2024, the per capita disposable income of residents in China will be 41314 yuan.
China's largest economic province 2024, Guangdong's total GDP accounts for 14.16 trillion yuan, Approximately 11% of the national total, firmly ranking first
China's most populous province, The total population of China in 2024 will be 1.4 billion+, Among them, Guangdong Province has approximately 109 million, It is ranked first in the country, And the only province with a population of over 100 million
Total retail sales of consumer goods in Guangdong Province, 4787.28 billion yuan, Continue to rank first in the country
Guangdong is the core of the country For retail sales and e-commerce sales. From 2015 to 2023, the total import and export volume of cross-border e-commerce in Guangdong Province will increase from 11.3 billion yuan surged by 843.3 billion yuan, expanding nearly 75 times annually The average growth rate is 71.4%, accounting for over 1/3 of the national total
In 2023,
The catering revenue in Guangdong Province was
576.344 billion yuan,
increase 26.5.9%,
Ranked first in the country
Guangdong-Hong Kong-Macao Greater Bay Area (including nine cities in Guangdong province and the two SARs: Hong Kong and Macau)
GDP:USD1.4 trillion
1/9 GDP of China
Population:86.88million
more people than the United Kingdom
In 2024, imports and exports of 9 mainland cities in the Greater Bay Area 8.75 trillion yuan, an increase of 10.1%