Home>News Center>China
       
 

Tobacco sector reports steady growth
By Zhang Lu (China Daily)
Updated: 2004-07-09 21:49

China's tobacco industry kept up steady economic growth in the first half of the year, officials from the State Tobacco Monopoly Administration (STMA) said on Friday.

"Production and demand for cigarettes achieved a balance for the first six months," said Hu Xinhua, deputy director of STMA's general office.

STMA statistics show 947.14 billion cigarettes, or about 19.09 million cartons, were sold from January to June, up 5.1 per cent over the same period last year.

The country produced 18.9 million cartons of cigarettes, 2.9 per cent more than from January to June last year.

By the end of last month, about 2.5 million cartons of cigarettes were in storage, 496,000 cartons less than last June.

"Famous brands and key enterprises in the industry achieved strong growth during the period," Hu said.

In the first half of the year, production and sales of the 36 top brands had a year-on-year growth of 22.4 per cent and 34 per cent, respectively.

The figures for the 36 key cigarette manufacturers were up by 4.4 per cent and 5.6 per cent, respectively.

With the steady growth, the industry made over 100 billion yuan (US$12 billion) in pre-tax profits in the six-month period.

The number nearly equaled the total for 2002, Hu said.

The government has been working to ensure that tobacco leaf supplies could meet demand this year.

To date, 3.652 million purchasing contracts have been signed, with a contracted planting area of about 1 million hectares.

"The industry also made progress in fighting the production and sale of counterfeit and shoddy tobacco products," Hu said.

During the first six months, 124,000 such cases have been uncovered, meaning about 51,400 cartons of counterfeit cigarettes have been confiscated and 1,188 illegal production sites closed down.

Meanwhile, the restructuring of China's tobacco industry has been progressing smoothly, Hu said.

From January to June, five company mergers were completed, and three inefficient factories were closed.

Through the industry's restructuring over the past two to three years, China now has about 80 tobacco enterprises.

In 2001, the total stood at 185. More than 90 of them had a small annual production capacity of less than 100,000 cartons.

The administration plans to close all small producers by the end of the year, STMA spokesman Xing Wanli said.

"We have set a goal of establishing some 50 key enterprises through mergers and acquisitions in three to five years, and building up some 100 famous brands out of the more than 300 brands that exist at the moment, in two years," he said.

Creating key enterprises and big brands will help the domestic tobacco industry deal with competition from foreign counterparts, Xing said.

China lowered its import tariff on leaf tobacco to 10 per cent this year from the original 40 per cent, and reduced the tariff on cigarettes from 36 per cent to 25 per cent, according to its World Trade Organization commitments.

The industry also strengthened the development of its technology, lowering the tar content to decrease the negative side effects of smoking.

The STMA has been promoting the concept of Chinese-style cigarettes, which have a lower tar content.

Meanwhile, a modern logistics network has been created to cover 36 major cities of the country.



 
  Today's Top News     Top China News
 

Hu urges US not to send wrong signal to Taiwan

 

   
 

Nations to fight cross-border crimes together

 

   
 

China, US to sign MOU on semiconductor

 

   
 

China's industrial output slows down

 

   
 

Hainan sets agenda for development

 

   
 

Foreign firms cash in on China consumers

 

   
  Tobacco sector reports steady growth
   
  China's industrial output slows down
   
  China, US to sign MOU on semiconductor
   
  Hu told Rice: China's concern over Taiwan serious
   
  Russia, China to enhance military co-op
   
  Official urges strengthening of lab safety
   
 
  Go to Another Section  
 
 
  Story Tools  
   
  News Talk  
  When will china have direct elections?  
Advertisement
         
主站蜘蛛池模板: 999国产精品| 亚洲免费观看视频| 青楼18春一级毛片| 夜夜躁狠去2021| 久久久夜间小视频| 欧美换爱交换乱理伦片免费 | 中文字幕在线亚洲精品| 欧美同性videos视频| 全免费毛片在线播放| 麻豆国产在线观看免费| 国产肉体xxxx裸体137大胆| 中文字幕无码av激情不卡| 樱花草在线社区www韩国| 人人添人人妻人人爽夜欢视av| 视频一区二区在线观看| 国产精品户外野外| h无遮挡男女激烈动态图| 无码国产精品一区二区免费vr| 亚洲va久久久噜噜噜久久| 深夜a级毛片免费视频| 品色堂永久免费| 黄色软件app大全免费下载2023| 国内一级野外a一级毛片| 一级毛片女人18水真多| 日韩a在线观看| 亚洲另类图片另类电影| 男女一边摸一边做爽爽| 国产乱子伦手机在线| 色视频线观看在线播放| 在线无码视频观看草草视频| 一级特黄女**毛片| 日本免费一区尤物| 久精品国产欧美亚洲色aⅴ大片| 欧美成人精品第一区二区三区 | 5g探花多人运动罗志祥网址| 女同久久精品国产99国产精品| 久久久久久久亚洲AV无码| 最近日本字幕免费高清| 亚洲日韩乱码中文字幕| 男人都懂的网址在线看片| 可播放的欧美男男videos|