BEIJING,June 18 -- Hotpot restaurants account for 36 percent of the combined turnover in China's 100 major catering enterprises, according to a recent survey conducted jointly by the Ministry of Commerce, China Cuisine Association and China National Commerce Information Center.

The survey found that among the 100 major catering enterprises, there are 22 hotpot outfits that operate 6,682 franchised restaurants across China, with an annual turnover of 30 billion yuan (3.9 billion U.S.dollars).

The 100 major catering enterprises realized 83.2 billion yuan in combined turnover last year, a growth of 24.4 percent from the previous year.

Last year the 100 recorded 40.5 billion yuan in gross assets, running 14,500 restaurants and employing one million people.

Of the 100, 20 each chalked up more than one billion yuan in business turnover, nine more than the year-earlier level, while 33 each posted an annual turnover growth of 30 percent to 50 percent, 19 enterprises more.

In a related development, China's hotel and catering industry registered 486.4 billion yuan in retail sales in the first five months of this year, up 17.8 percent from a year earlier.

The total included 98.4 billion yuan in retail sales realized in May, up 18.7 percent.

Commerce ministry sources predicted retail sales in the hotel and catering sector will surge to a record 1.22 trillion yuan for the whole year.

(Source: Shanghai Daily)