Tsingtao Brewery acquired a local beer producer in North China’s Hebei province, and launched a joint venture with another in Shijiazhuang [e.g. Jiahe Brewery], wrapping up a storm of expansion in 2013. In a press release, Tsingtao said it would acquire Xinzhonglou, a 64-year-old brewery in Zhangjiakou on Dec 29…Full Article: China Daily Jan 2014

Key point

  • In March 2013, Tsingtao began constructing a brewery (~600,000 kiloliter capacity) in Luoyang, Henan province, which began operations in December 2013. In August 2013, another Tsingtao brewery (~400,000 kiloliter) began operations in Jiujiang, Jiangxi province.

ChinaAg Comment

  • From 2007 to 2012, mainland China beer imports increased from 21.7 million liters to 110.6 million liters (+408%), with equivalent values rising from US$27.3 million to US$144 million (+428%)

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