Grape expectations from Argentina
Updated: 2012-09-03 08:04
By Zhou Siyu in Mendoza, Argentina (China Daily)
|
||||||||
Wine generation
Who are the wine drinkers in China today? According to the report by Rabobank, a large proportion of them are aged between 20 and 39 who earn more than 4,000 yuan ($630) a month in a skilled profession.
A horse-riding gaucho between vineyards in Mendoza, the winemaking area in the center of West Argentina that produces the majority of wine products in the country. Strong growth, huge potential and the ability to devour a large amount of premium wine are making China one of the most important export markets for wine suppliers across the world. |
To most Chinese, wine has a positive connection with the Western lifestyle and is not yet considered as luxurious as whisky or brandy, or as ordinary as beer, according to the report. This would provide a wine supplier with a strong market position when competing with makers of other liquors, the report said.
"Grape wines are more likely to attract either younger, better educated, wealthier and/or female drinkers than baijiu (China's traditional spirit) or beer...with the potential to form a strong and dynamic consumer base in years to come," the report said.
In the meantime, the report also pointed out that the number of people drinking wine is still relatively small and limited in geographical scope. And it may still take some time before Chinese wine afficionados start exploring imported wines in big numbers.
"It will still take some time before the Chinese get familiar with the wine culture so, rather than being led by the brand, they could choose wine based on personal judgment and preference," agreed Mompo with Wines of Argentina.
Yet Mompo said he also noticed an emerging younger generation who have developed a genuine fondness for the wine culture and are catching up very fast. This younger generation has formed its own wine circles through the Internet where they can share information and knowledge, Mompo said.
So far this generation is still at a relatively early stage of its life and does not have enough purchasing power but, when the time comes, "China will change the world's wine industry," Mompo added.
zhousiyu@chinadaily.com.cn
- Relief reaches isolated village
- Rainfall poses new threats to quake-hit region
- Funerals begin for Boston bombing victims
- Quake takeaway from China's Air Force
- Obama celebrates young inventors at science fair
- Earth Day marked around the world
- Volunteer team helping students find sense of normalcy
- Ethnic groups quick to join rescue efforts
Most Viewed
Editor's Picks
Supplies pour into isolated villages |
All-out efforts to save lives |
American abroad |
Industry savior: Big boys' toys |
New commissioner
|
Liaoning: China's oceangoing giant |
Today's Top News
Health new priority for quake zone
Xi meets US top military officer
Japan's boats driven out of Diaoyu
China mulls online shopping legislation
Bird flu death toll rises to 22
Putin appoints new ambassador to China
Japanese ships blocked from Diaoyu Islands
Inspired by Guan, more Chinese pick up golf
US Weekly
Beyond Yao
|
Money power |