Chinese People Spent So Much Eating Out That The Amount Is Greater Than GDP Of Norway

The report also disclosed Hot Pot as China’s favourite food, which had about 22% of the restaurant market share.

China, obese, India, Norway, Sweden, US, UK, food, Russia, eating, GDP, economy

Chinese people are known for their insatiable appetites, and according to a recent study, the amount they spent eating out in 2016 is so enormous that it’s actually greater than the gross domestic product of a number of countries.

A recent report by Beijing-based Dianping and Meituan, which offers food ordering and delivery services, states that the 1.37 billion population of China spent 3.5 trillion yuan (around $507 billion) dining out last year.

The report also disclosed Hot Pot as China’s favorite food, which had about 22% of the restaurant market share.

According to the most recent figures by World Bank, the amount was greater than GDP of several developed countries, including Norway, Sweden, Belgium, Poland, Thailand, and UAE.

Source: theatlas

China’s GDP growth rate is second among all the major economies after India and only lags behind the US in terms of total GDP. 

Information source: The Quartz

Title image: travelwireasia

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