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Section: Business News - Output value of China's food industry is expected to grow 16.7 percent year on year, according to China National Food Industry Association (CNFIA).
Liu Zhi, CNFIA executive vice chairman, told the Seventh China Food Safety Annual Meeting that output value of the country's food industry was expected to top 4.9 trillion yuan (717 billion U.S. dollars) this year.
In the first five months of this year, output of the country's food industry was 1.82 trillion yuan, an increase of 14.6 percent over the same period last year.
China's food industry …