IANS | 16 Oct, 2017
In a bid to promote bilateral
cooperation in trade, investment, culture and tourism, China's top
alcohol brand Kweichow Moutai has signed an MoU with a visiting San
Francisco government delegation.
Under the MoU signed on
Saturday, Moutai will open an office in San Francisco to increase its
sales in the city and further expand its market share in the US, said
Kweichow Maotai Group chairman Yuan Renguo, Xinhua reported.
Edwin
M. Lee, Mayor of San Francisco, said the MoU will further promote
bilateral cultural exchange between future generations of China and the
US.
In 1915, Maotai received its first gold metal at the Panama Pacific International Exposition held in San Francisco.
Maotai
held an event on November 12, 2015, to celebrate the 100th anniversary
of winning the award. At the celebration, Lee announced the day would be
marked as San Francisco Moutai Day.
Distilled in the town of
Maotai in southwest China's Guizhou Province, Moutai is considered the
country's national liquor and often served on official occasions and at
state banquets.