On December 30, 2017 Chinese Food Development Conference themed “New Era, New Consumption and New Retail” was held in Beijing. At the conference, Wei Zichuan, Director & Executive Vice President of Xinhuanet, expressed that, the food industry has started a top-down inside-out profound change. In the sales end, the new-generation consumption group is changing the traditional marketing pattern with the fresh values and the new consumption pattern is on the rise.
　　In recent years, the food industry in China has been adapted actively to the new normal of economic development, maintained the stable healthy development with the impetus of rigid demand & consumption upgrade, adjusted & optimized constantly the industrial structure and accelerated the transformation and upgrade. In 2016, the assets of the food industry accounted for 7.1% of the assets of the national industry; the main business income accounted for 10.4%; the total profit amount accounted for 12.0%. The food industry continues playing the important role of pillar industry in the aspects such as the protection of people’s livehood, consumption stimulation, promotion of economic & social development, etc.