Wine insights

According to the Russian Agricultural Product Export Development Center data, from January to April 2025, Russia exported 262,000 liters of sparkling wine to China, valued at $727,000. The total export volume for 2024 is expected to be around 15,000 liters, while in 2023, no such goods were exported to China. The report indicates that in the first four months of 2025, Russia ranked fourth among countries exporting sparkling wine to China. Spain ranked third (310,000 liters), France second (367,000 liters), and Italy first (819,000 liters). On March 18, the Russian Agricultural Product Export Center told Sputnik News Agency that, according to preliminary estimates, Russia's agricultural product exports to China in 2024 exceeded 8.3 million tons, with a total export value of approximately $7.4 billion. Among the agricultural products exported to China, rapeseed oil ranked first (13%), followed by barley (10%), sunflower oil and peas (8% each), and soybeans (7%). China has become the main importer of Russian agricultural products in 2024 and has maintained this position for two consecutive years.

Iğdır University continues its notable projects within the scope of specialization studies in the field of "high value-added agricultural products". Through studies conducted within the university, high value-added products are being obtained from medicinal and aromatic plants grown in the Mount Ağrı environment and campus area.

Ningxia and Marlborough Region Wine Cooperation Recently, Zhang Yupu, Vice Secretary of the Ningxia Autonomous Region Party Committee and Chairman, met with Nadine Taylor, the regional leader of New Zealand's Marlborough region, in Yinchuan. Zhang Yupu stated that they are willing to use the "Belt and Road" initiative as a bond to consolidate existing cooperation achievements, continuously deepen economic and trade exchanges, and particularly strengthen cooperation in areas such as wine grape cultivation, winemaking, aquaculture, green development, education, culture, and youth exchanges, making greater local contributions to the development of China-New Zealand relations. Moutai Sets Domestic First-Class Circular Investment Goal Recently, Zhang Deqin, Party Committee Secretary and Chairman of Moutai Group, led a team to deliver a lecture and conduct research at the Moutai Circular Investment Company. The meeting proposed that the circular investment company should accurately position itself, develop strategic planning, focus on the core task of resource utilization of brewing by-products, build a Moutai ecological circular economy industrial demonstration park, and strive to become a first-class enterprise in domestic brewing by-product resource utilization and circular economy development. Luzhou Laojiao Dynamically Adjusts Sales Targets On May 16, Luzhou Laojiao held its 2024 performance briefing. Regarding whether they can accept distributors not completing their contracted sales volume, management stated that the company closely collaborates with distributors, dynamically adjusts sales targets and market policies around consumer opening, ensures reasonable profit margins for customers, and guarantees healthy market development. Meanwhile, the company will manage channel inventory based on terminal quota allocation, with current channel inventory being safe and controllable. Xijiu Obtains New Patent Authorization Recently, Guizhou Xijiu Investment Holding Group received patent authorization for a "Cellar Pool Protective Net Hook Device" applied for on July 15 last year. The patent summary indicates that it can prevent food waste and fermentation mash contamination, making cellar sanitation cleaning easier and reducing employee workload. Zhenjiu Lidao Selected for Sustainability Yearbook Recently, S&P Global officially released the "Sustainability Year