Upgrading Consumption Structure Promotes Upgrading Quality of Food Industry

The latest research report points out that with the increasing aspiration of consumers for life, the whole resource allocation of China's food industry is developing in a better direction. The future of the food industry can not be separated from sustainable development. Technology and innovation are closely related to the development of the industry.

Yikang Group and First Financial Media jointly released Deloitte China's first "White Paper on Food Safety of the Seven Stars Alliance" report, interpreting the current situation of food safety development in China and discussing the development trend of the food industry in the new format and new situation. According to the white paper, overall, China's consumption structure is still upgrading. The main factors driving consumption upgrading are the increase of residents'income and the acceleration of urbanization, the change of consumption values caused by the change of population structure, and the change of consumption mainline from basic demand to experiential demand. The white paper found that the upgrading of China's domestic consumption structure not only gave birth to opportunities, but also urged the upgrading of the food industry. Chinese catering enterprises are speeding up stratification, small and medium-sized stores are experiencing elimination, and enterprises with brand and scale advantages are expanding rapidly. In order to improve the viability, Chinese catering industry is also developing towards brand, chain and digital direction. These trends will bring opportunities for the development of catering industry in supply chain technology, information technology, management mode and other aspects, and gradually penetrate into all aspects of the catering industry.

The Seven-Star Alliance (China Food Health Seven-Star Convention Alliance), supported by the Chinese Food Science and Technology Society, sponsored the Symposium on Sidelight and Exchange at the same time. At the seminar entitled "Sustainable Business Competitiveness: New Challenges, New Future", the head of China Chain Business Association said that the Chinese catering industry has just started on the road of innovation. The main innovation areas of the future industry will focus on model-based, model-based and system-based innovation to better meet consumer needs. Experts at the meeting said that the emergence of new formats, such as the adjustment and upgrading of consumption structure, cross-border operation and multi-industry integration, also posed new challenges to China's food safety management.