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Why entrepreneurship should choose the catering industry
According to the 2016-2021 China Catering Industry Development Prospect and Investment Forecast Analysis Report by Prospect Industry Research Institute, there are the following main benefits of developing the catering industry:

1. The catering industry has become a booster of economic growth.

From the early 1990s, China's catering industry has developed rapidly and expanded dramatically, and its rapid growth rate and duration are not found in other industries. For many consecutive years, the growth rate of retail sales reached more than 13%, an increase of more than the total retail sales of consumer goods over the same period of 4-22 percentage points, of which there are seven years of growth of more than 20%.

In 1991-2011, the average annual growth rate of retail sales in the catering industry was more than 20%, which was about 7 percentage points faster than the average annual growth rate of total retail sales of consumer goods, and the proportion of total retail sales of consumer goods in the catering industry increased from 5.2% in 1991 to 11.3% in 2011. Over the years, the contribution of retail sales of the catering industry to the growth of total retail sales of consumer goods has generally been around 18%, pulling the growth of total retail sales of consumer goods by about 2-3 percentage points.

2. It is conducive to accelerating the pace of building a moderately prosperous society in China.

Improving people's living standards is the starting point and finishing point of building a moderately prosperous society. Convenient, fast, nutritious, healthy diet, not only to a large extent to meet the material needs of the residents, but also so that residents have more time and energy to participate in other entertainment and leisure activities.

Furthermore, the development of the catering industry is itself a sign of realizing the goal of well-being. The concentrated consumption place of middle and high-grade catering often becomes the area that best reflects the regional value, truly reflects the regional development as well as widely gathers popularity.

3, a strong impetus to the development of China's tourism industry.

China not only has a long history of food culture, and has always been the pursuit of food traditions and habits, to eat the matter of special attention, love. The Chinese people have not only created the world's first reputation for food and drink, but also played the food culture to the fullest. Long history, quite distinctive Chinese food culture in the world enjoys a high reputation and popularity, is a valuable wealth of the Chinese nation resources.

Vigorously developing the catering industry and widely publicizing culinary culture can continuously enhance the attractiveness of Chinese tourism in the international market, and also stimulate the enthusiasm of domestic residents for travel. The current demand for tourism consumption is in a period of rapid growth, tourism consumption has become a new growth point of the national economy, these are inseparable from the rapid development of the catering industry.

Foresight Industry Research Institute point of view: in recent years, many local governments attach great importance to the catering industry to stimulate domestic demand and the role of the prosperity of the market, and formulated the catering industry to promote the development of the local economy of the relevant policies to increase the catering industry's efforts to support the effect has been obvious. In particular, some forms of catering, shopping and entertainment characterized by local food culture, such as a food street, a snack street and a food culture festival, have achieved very good results. Leisure catering, tourism catering, festive catering, holiday catering, friends gatherings, etc. attracted people's favor, the prosperity of the tourism industry is credited.