China - Wine Law / Business Flashcards

1
Q

How is wine defined whether Chinese or Imported?
What needs to be on the label?
tax?

A

as a food product
labelled as 100% fermented grape juice
indicator of alcoholic strength
taxed as an industrial product + 10%

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2
Q

What is key to China’s wine market

A

Growing middle-classes, increase wine buying power, Chinese and Imported

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3
Q

What is the challenge for wine in general?

A

It is expensive compared to other alcoholic drinks
government crackdown on gifting by officials
low consumption per capita

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4
Q

What are the 3 large companies dominating the Chinese Wine domestic market?

A

Changyu
Great Wall (owned by gov)
Dynasty

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5
Q

Smaller wineries producing more quality wines

A

Grace Vineyard (Shanxi)
Silver Heights (Ningxia)
Ao Fun (Yunnan)

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6
Q

Online sales?

A

Alibaba a big player in drinks retail

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7
Q

Other challenges?

A

Fraud, counterfeit bottles of top French, Aus and Chinese wines

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8
Q

Where can wine be bought in China?

A

Can be purchased any time of day in convenience stores and supermarkets
Hospitality - in Karaoke bars, tobacco stores

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