PR90726

QINGDAO, China, July 19, 2021 /PRNewswire=KYODO JBN/ --

On July 16, the 31st Qingdao International Beer Festival was held in the Golden

Beach Beer City of Qingdao West Coast New Area. Yuan Zaiqing, Director of China

Convention/Exhibition/Event Society, announced to tourists and global media

that the brand value of Qingdao International Beer Festival reached RMB 36.8

billion!

Founded in 1991 and having a history of 31 years, Qingdao International Beer

Festival is a well-deserved and world-renowned beer festival. In 2019, the 29th

Qingdao International Beer Festival was held in Qingdao Golden Beach Beer City,

which covers an area of 1,200 mu (80 hectares) and is known as the world's

largest beer culture theme square, attracting more than 7.2 million visits.

More than 1,400 types of beer from all over the world were gathered, and more

than 600 activities in 12 categories were held, including cultural performance,

e-sports, sports, beer king competition, art tour, and music performance. It

has gathered performing arts groups from more than 20 countries such as the UK,

Germany, Australia, and Russia, which has helped the district receive more than

10 million tourists from home and abroad.

The appraisal is led by China Convention/Exhibition/Event Society, along with

Brand Union (Beijing) Consulting Co., Ltd., a well-known brand research and

consulting institution in China, and China Enterprise Appraisals (CEA), an

influential asset appraisal institution in China. After nearly four months of

scientific and rigorous evaluation and discussion by the expert evaluation

committee, it is concluded that the brand value of Qingdao International Beer

Festival is RMB 36.8 billion. Beijing Guoxin Brand Evaluation Academy reviewed

and confirmed the conclusion of this value evaluation.

The release of the brand value of Qingdao International Beer Festival marks

that China's festival activities have officially entered the branding era,

which will further enhance the standardization of the industry and promote the

high-quality development of the festival economy.

Contact: Liu Hua

Tel.: +86-18668988391  

E-mail: 2073938467@qq.com

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Source:  Qingdao International Beer Festival