China's nutrition industry showing double-digit growth

- Last updated on GMT

China's nutrition industry index, issued for the first time
yesterday, reveals strong growth potential.

Speaking at the Second China Nutrition Industry Forum in Beijing, Zeng Hongying from the Public Nutrition and Development Center (PNDC) said that the index for China's nutrition industry reaches 154.2, and the index for demand is 192.3.

Numbers beyond 100 indicate that the industry is in a prosperous level.

The nutrition industry index is significant in its reference to government policy, institute research and enterprise strategy concerning public nutrition, said a report in the state media Xinhua.

Zhou Haichun, vice director with the PNDC, added: "Now China's nutrition industry is promising and it will grow at a rate of 12 per cent to 15 per cent. By 2010, the gross products of China's nutrition industry will total 278 billion yuan (US$34.3 bn)."

The two-day forum, cosponsored by PNDC, the Asian Development Bank and 15 others, aims at promoting public nutrition and developing China's nutrition industry.

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