- CNTV English - CCTV News

China's gas stations offer golden opportunity

03-01-2011 09:40 BJT

Watch Video

Play Video

China's oil giants are making money off more than just petrol, at their gas stations across the country. They're expanding their businesses with onsite convenience stores that offer everything from beauty products, to liquor.

Of China's 18 thousand gas stations, more than 10 thousand are equipped with convenience stores.

Some also offer restaurants and other auto services.

The convenience stores offer all your basic needs, from drinks and food, to toiletries and cigarettes.

And they're continuing to expand as Chinese consumers become more demanding.

China's oil giants are making money off more than just petrol, at their
gas stations across the country.

One industry insider said "Our store covers all the types of goods that are sold in supermarkets. With Chinese consumers becoming more demanding, we even sell imported food, and provide flower delivery services."

Consumers who have filled up their cars, can also fill up their grocery baskets. There's even red wine, and Maotai Liquor.

Data shows that the revenue from China's non-oil business has risen rapidly in recent years.

Sinopec's non-oil business has jumped from 3 billion yuan in 2009, to more than 4.5 billion yuan in 2010.

Petro China now makes 4.6 billion yuan in non-oil revenue.

Such business is expected to continue growing rapidly in the years ahead.

Editor:Xiong Qu |Source: CNTV.CN

Hot Videos view more

The celebrations are still continuing as the victorious coach, Joachim Loew, has been honored for his achievement in his hometown of Freiburg.
Germany coach Loew honored in hometown of Freiburg

Chinese men´s national team continued its preparations for next year´s Asian Cup, as they managed a one-all draw against visitors Jordan during a football friendly in Harbin, the capital city of Northeast China´s Heilongjiang Province.
China held to 1-1 draw by Jordan

The defending world champs came into the contest with a perfect 6-and-oh record, but they would be in for a tough first half before opening things up in the second.
USA beat Slovenia 119-76 in quarter-finals

Hot Stories more

UK authorities believe killer of James Foley is a British national

Across the UK the hunt is on for James Foley’s killer, who authorities believe is a British national. As Richard Bestic reports from London, Prime Minister David Cameron cut short his summer break to lead his government’s response.

Israeli war jets renews Gaza strike as truce talks stalled

Three Palestinians were killed and 40 others wounded in the intensive Israeli war jets´ airstrikes on the Gaza city on Tuesday night, shortly before an end of a 24-hour ceasefire in the Gaza Strip,

Missouri police arrest dozens after violent night

As the protests in the town of Ferguson, Missouri turned violent with police facing ´heavy gunfire´ from some ´criminal elements´, cops fired tear gas, stun grenades and arrested 31 demonstrators on Monday night.

Picture in news more

More Video News

Choose TV Program