New World wine gains recognition in China

3rd December, 2013 by Livia Xin

A new wine consumption trend is taking place in China with New World countries becoming increasing popular in the country.

China testingA spokesperson for the De Xuan Liquor Company said: “With the rising cost of French wine and the tax concessions of Chilean wine, we will import more wine from new world country like Chile.”

“Imported wine with the price under 100 yuan is more popular among Chinese consumers,” he added.

According to Caijing.com, China’s tariffs on Chilean products have reduced year by year. The tariff has been reduced to 2.8% this year and is expected to be reduced to zero on wines.

Agricultural Research Policy Office of Chile’s Ministry of Agriculture (ODEPA) has estimated that the country’s wine production will reach a record high of 1.28 billion litres in 2014. It is further estimated that the total exports will reach 900 million litres, an increase of 19.5%.

In addition, many traders in the exhibition believes that Chinese government’s anti-dumping probe into wine imported from the European Union will finally be dropped.

“We have enough stock of Spanish wine”, said an official from Hung Chun Trade Company who believed that there’s no need to worry about changes of wine duty of EU imports.

He also mentioned that domestic wines lack the advantage compared with imported wine with the same price. “Imported wines gained more recognition among Chinese consumers”, he said.

Leave a Reply

Your email address will not be published.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

Subscribe to our newsletters

Job vacancies

Commercial/Sales Manager

Crush Wines Ltd
Bremhill/Home office, GB

Wine Buyer

Adnams
Southwold, UK

Sales Manager - Scotland

Eurowines Ltd
Scotland

Sales Manager - North-West England

Eurowines Ltd
North-West England, UK

Sales Manager - London

Eurowines Ltd
London, UK

Key Account Manager - Grocery

Australian Vintage Limited
London (Croydon), UK

Key Accounts Manager - Impulse

Australian Vintage Limited
London (Croydon), UK

Business Development Manager

Regency Wines Ltd
North Devon & Somerset, UK

Sales Manager - North East England

Eurowines Ltd
Within 15-20 mile radius of York, UK

National Account Manager

Ehrmanns Wines
London, UK

London Account Manager

The Drinks Club
London, UK

London Sales Executive

Gourvid Limited
London and Greater London, GB

Logistics Administrator

Speciality Drinks Ltd
Park Royal, London, UK

Head of Sales - Hush Heath Estate

Hush Heath Estate
Kent/ London, UK

London Sales Executive

VDS UK Ltd
London, UK

The Global Merlot Masters 2017

Deadline : 2nd May 2017

db Awards 2017

Deadline : 28th April 2017

The Global Organic Masters 2017

Deadline : 2nd May 2017

The Global Sparkling Masters 2017

Deadline : 12th May 2017

Click to view more

Global Chardonnay Masters 2016

Now in its fourth year, the competition will identify the best Chardonnay from all around the world in every price range.

Rioja Masters 2016

Now in its fifth year, the competition will recognise and reward the finest Riojas on the world stage.

Fortified Masters 2016

Now in its third year, The Fortified Masters will reward the best fortified wines on offer.

The Global Malbec Masters 2016

the drinks business is proud to announce the inaugural Global Malbec Masters 2016.

Click to view more