New rules mean lean times
By Li Woke | China Daily | Updated: 2013-03-11 05:55
|
People dining at a restaurant in Nanjing, in East China's Jiangsu province. After the government ordered an end to extravagant meals by people working for State-owned institutions and enterprises, some industrial experts predicted the country's catering industry may suffer indigestion this year. It garnered 2.33 trillion yuan ($374 billion) in revenue last year, a year-on-year increase of 13.6 percent. An Xin / For China Daily |
Huge cut in State-funded banquets leaves its mark on catering industry
Photo
