date:Aug 02, 2013
iquor production volume was 3.81 million kiloliters, an increase of 6.9 percent year-on-year but down 10.36 percentage points compared with the same period last year.
To boost sales, Moutai has slashed prices to attract more customers in the mid-range market. In mid-July, the company said it planned to reduce the prices of some products by up to 50 percent.
But industry experts are not optimistic about the company's expansion plans in the mid-range market, where its distribution channels are n