The Chinese brewer, Beijing Yanjing Brewery Co., the third largest brewing concern in the country, has revealed the intention to buy as many as three breweries next year, Chinese press reported. The brewer is a part of Beijing Enterprise Holdings Ltd. Beijing Enterprise Holdings Ltd. will acquire breweries in the Anhui, Zhejiang and Jiangsu provinces. The company is said to be looking to increase its production by 20% in the coming year to 2.45m tons.

06 December, 2002