CHENGDU, Mar. 27 (Xinhua) -- China Economic Information Service (CEIS), the main market entity of economic information business of Xinhua News Agency, released a credit report on China’s wine industry jointly with the China Alcoholic Drinks Association (CADA) and Luzhou Municipal People's Government at the on-going 2018 China International Alcoholic Drinks Expo (CIADE 2018).
Photo: Li Yue, president assistant of CEIS, releases and interprets the credit report on China’s wine industry
The report, a general study on the credit development of China's wine industry, covers the guideline, the current situation and prospect, and the path of the credit system construction and development of China’s wine industry. It has not only analyzed issues, but also predicted trends and offered suggestions, which provided an important basis for the credit system construction of China's wine industry, and offered a new vision for the industry development, according to Li Yue, president assistant of CEIS.
The report shows that with sound development, China's wine industry has seen the good credit status and low credit risk on the whole. Among the 11 listed wine enterprises included in statistics, 33 percent are AAA credit enterprises and 67 percent are AA credit enterprises.
In terms of industrial credit system construction, CADA launched "China Baijiu 3C Plan" early in 2013. With baijiu as the emphasis and breakthrough point, CADA has carried out the credit system construction of the wine industry in depth. The characteristic credit construction project implemented by Luzhou city from last March also includes the credit system construction of the baijiu industry. These practices have accumulated valuable experience for the credit system construction of China's wine industry.
Photo: The Development Report of China's Wine Industry Credit
The report was compiled by "Xinhua Credit" under CEIS, which is a national credit service platform guided by the National Development and Reform Commission (NDRC), as well as a major move of Xinhua News Agency to perform its responsibility as a member of the Inter-ministerial Joint Meeting of the State Council on Social Credit System Construction.
Xinhua Credit has built a professional credit platform through the model of "product + service + platform", and provided think tank, consultation, query and release services in fields including corporate credit, industrial credit and urban credit.
"Xinhua Silk Road", a national Belt and Road information service platform constructed by CEIS and a key supporter of the CIADE 2018, undertook the global communication of the expo in English. The report would be released through Xinhua Silk Road to show the credit construction of China's wine industry to the world. (Edited by Hu Pingchao, hupingchao@xinhua.org)
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