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Citic Guoan Wine chairman Li Jianyi said average red wine consumption on the mainland had grown by between 30 and 40 per cent in recent years, attracting a lot of business interest. 'We aim to have our red wine, made in the unique geographic location of Xinjiang, grab 20 per cent of market share,' he said.
Compared with the main domestic wine producers - Zhangyu, Dynasty and Great Wall - Citic Guoan Wine, a subsidiary of state-owned Citic G...