Alcohol firms see stable growth in first 10 months

China's alcohol enterprises above designated size saw a total revenue of 681.98 billion yuan ($97.4 billion) in the first 10 months, according to the Ministry of Industry and Information Technology.

The reading was up 8.7 percent compared with the same period last year, the ministry said.

During the period, the profits of 2,126 alcohol makers with an annual revenue of over 20 million yuan grew 17.9 percent year-on-year to reach 130.88 billion yuan, the ministry said.