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Economic development
Since the reform and opening up, with the rapid development of China's economy and the continuous improvement of production capacity and people's income level, the retail catering industry has not only witnessed the improvement of people's living standards and consumption ability, but also gradually become a pillar industry to expand domestic demand, promote promotion fees, stabilize growth and benefit people's livelihood. According to the data of the National Bureau of statistics, the income of China's catering industry in 2019 has reached 4.67 trillion, a year-on-year increase of 9.4%, accounting for 4.7% of the national GDP.
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Industry recovery
In 2020, the sudden outbreak of COVID-19 will bear the brunt of the blow to the catering industry. With the continuous stabilization of the epidemic, the catering industry has gradually recovered, becoming one of the important engines driving economic recovery and restoring social vitality.
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Transformation
At the same time, the epidemic has accelerated the transformation of catering. The performance of the demand side is that the consumption structure of catering accelerates the upgrading to diversification, characteristics and quality; The performance of the supply side is that catering enterprises accelerate the upgrading to digitization, branding, chain and retail.
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State support
In recent years, the catering industry has also been highly valued by governments at all levels and supported by national industrial policies. The state has successively issued a number of policies to support the development of the catering industry, strengthen anti-monopoly and anti unfair competition, and maintain the ability of fair competition in the market; At the same time, implement corresponding support policies to encourage the digital and intelligent transformation of traditional retail catering.