The IBISWorld report "Beer Production in China" indicates the industry is in the industry life cycle.

New

Growing

Mature

Declining

Also according to IBISWorld, what age group is the main consumer of beer in China?

$18$ to $32$

$20$ to $34$

$25$ to $39$

$31$ to $45$

According to the Marketline report for Beer & Cider in China, at what level is the threat of new entrants to the industry?

Low

Moderate

High