Shanghai set to become the most influential wine investment market

Shanghai is to become the next international wine hub and one of the most influential wine investment wine markets in the world, according to experts at last week’s Shanghai Free Trade Zone Wine Investment and Transaction Summit.

shanghai-contact-1931“China has become the world’s fifth-largest wine consuming country and is expected to become the number one wine consuming country in 2016. Shanghai is the most important wine import and distribution port in China, which accounts for 45% of the whole imported wine to China”, a spokesperson from Shanghai Wine Monopoly Bureau told the Yangtze Evening Post.

He added that, with the opening of Shanghai free trade zone, Shanghai has the potential to become the next international wine centre in the future.

Shanghai’s new free trade zone, which opened in October, aims to ease restrictions on investment and is expected to serve as an international wine trade market for wine companies.

However, the summit also discussed the existing problems of China’s wine investment market.

“Wine investment has been booming in recent years, but many investors have little idea about the industry. So there are many new players who are unprofessional and only eyeing for short-term profit”, said an expert at the summit.

3 Responses to “Shanghai set to become the most influential wine investment market”

  1. John Wiggins says:

    Your article reinforces my intention to promote our services in China.
    I am endeavouring to identify a contact in China who would be interested in joining forces.
    Are you aware of how I could do this?

    Kindest regards

  2. John – Drop me a note about what you and your services. We might have some ideas.
    Ed

Leave a Reply

Your email address will not be published. Required fields are marked *

Please note that comments are subject to our posting guidelines in accordance with the Defamation Act 2013. Posts containing swear words, discrimination, offensive language and libellous or defamatory comments will not be approved.

Subscribe to our newsletters

Sales Support Executive

Davy's
London, UK

Partner Manager – On-trade - Greater London

Maverick Drinks
London/M25 belt, UK

Partner Manager – On-trade - North West

Maverick Drinks
Manchester, UK

Partner Manager – On-trade - West & Wales

Maverick Drinks
Bristol, UK

Partner Manager – On-trade - South East

Maverick Drinks
Brighton, UK

Events Sales Executive

The Drinks Business
Central London, UK

Sale & Operations Manager

Marussia Beverages
Marylebone, London, UK

Prestige Account Manager – Europe

Jackson Family Wines
London, UK

Pink Rosé Festival

Cannes,France
7th Feb 2018

VinoVision Paris

Paris,France
12th Feb 2018

Vinisud

Montpellier,France
18th Feb 2018
Click to view more

Champagne Masters 2017

The only Champagne blind tasting in the UK, the competition will reward the best wines in the following categories:

The Global Rosé Masters 2017

With wines from the palest of pink to almost ruby red, bone dry to almost cloyingly sweet, reductively handled to barrel-aged, as well as gently spritzy to fully sparkling.

Click to view more