China's Yanjing Beer Group has announced its performance report for the third quarter of 2011, stating that from January to September 2011, the company realized operating revenue of CNY10.374 billion, a year-on-year increase of 15.83%.

In January 2011, consumer price index rose by 4.9% over the same period of the previous year, according to the National Bureau of Statistics of China.

Qu Zhe, president assistant of COFCO Group and chairman of COFCO Wines & Spirits, has revealed that the company has acquired Biscottes, a well-known winery in Chile, for USD18 million.

To enhance its competitiveness in Beijing, China's Tsingtao Beer will invest CNY600 million to build a new brewery project in Shijiazhuang, capital of Hebei province.

A leading Chinese alcohol company Wuliangye has published its annual performance report for 2009, stating that net profit attributable to the shareholders of its listed unit increased by 79.45% year-on-year, to CNY3.249 billion.

Beijing Dongcheng District Court has sentenced Beijing Tianzan Food Service Company to pay CNY120,000 to the Guizhou Moutai Distillery for selling fake Moutai liquor.