People in the industry know that catering has always been one of the fastest growing industries in China. The 2009 China Catering Industry Analysis and Investment Consulting Report reported that the total catering market in China was 5.4 billion yuan in 1978, and then increased at an average annual rate of 30.5%, reaching10.5 trillion yuan in 2008. At this rate, it will reach 7 trillion yuan in 20 18 years and 10 trillion yuan after 2020. Even if this speed drops, the total market volume in 2020 will not be less than 7 trillion yuan. Mr. Xiong Xuhua, the founder of the bubble hot pot brand, took a good look at this powerful market. After having this idea, Mr. Xiong Xuhua began to study this small hot pot at the bar of fast food from all levels and angles. He felt that this was a good opportunity, and this small pot contained great business opportunities, which was the career he had been looking for and could fight for all his life.

Since its establishment, Paopao Hotpot has opened 180 franchise stores all over the country in three years, and there are 9 franchise chain stores in Beijing, which are located in major commercial districts, and business is booming every day!