date:Apr 10, 2013
he first quarter of this year, said Wang Zhiqing, the group's chairman.
Established nearly 150 years ago, Quanjude is one of the country's well-known restaurant chains.
The group plans to expand into the popular catering and retail food markets, looking to reduce the impact of changes in the sector, said Wang.
The dilemma for most high-end restaurants is responding to the social climate, said Dai Bin, president of the China Tourism Academy.
The country's upscale restaurants were born from th