According to the latest data from the National Bureau of Statistics:
In November 2024, the national catering revenue reached 580.16 billion yuan, showing a 4% year-on-year growth; catering revenue from businesses above a designated size amounted to 129.7 billion yuan, a 2.5% year-on-year increase.
From January to November 2024, the national catering revenue totaled 5,016.9 billion yuan, an increase of 5.7% year-on-year; catering revenue from businesses above a designated size was 1,390.2 billion yuan, up 3.1% year-on-year.
Analysis by the China Cuisine Association:
In November, the growth rate of national catering revenue and revenue from businesses above a designated size increased by 0.8 and 2.8 percentage points month-on-month, respectively. The share of national catering revenue in the total retail sales of consumer goods was 13.3%, an increase of 2.4 percentage points month-on-month.
From January to November, the growth rate of national catering revenue outpaced the growth rate of retail sales of consumer goods by 2.2 percentage points.
According to the data from the Beijing Municipal Bureau of Statistics:
In the third quarter of 2024, the number of catering businesses above a designated size in Beijing was 2,641, showing a slight increase; operating revenue reached 25.349 billion yuan, remaining stable; operating costs were 12.749 billion yuan, also stable; and total profit dropped significantly to 299 million yuan.
Within this, the total profit for full-service restaurants was 63.19 million yuan; for fast-food services, it was 155.32 million yuan; for beverage and cold drink services, it was 89.46 million yuan; for catering delivery and takeaway services, it was -26.94 million yuan; and other catering services reported a total profit of 17.86 million yuan.
Note: Designated size standard: businesses with annual main business revenue of 2 million yuan or more.
For more detailed data and historical trends, please refer to the chart below:
