Wine consumption in China fell in 2013, according to figures that both domestic and foreign producers hope will represent a blip in the market's long-term development.
The organisers of ProWine China have increased the show's exhibition space by 50% for 2014, suggesting foreign wine firms remain optimistic about the country's potential.
Forget about buying Bordeaux 2013 en primeur, says Decanter consultant editor Steven Spurrier, but our experts say there will still be plenty of wines to enjoy in this 'drinking vintage'.
Asia-based buyers showed no sign of losing their taste for top Burgundy at the spring Sotheby's auction in Hong Kong, as Domaine de la Romanee-Conti and Henri Jayer wines attracted high prices.
Two of the world's largest wine companies, Constellation Brands and Treasury Wine Estates, have reaffirmed their commitment to mainland China.
Chateau Pontet-Canet has sought to get a head-start on rivals by releasing its 2013 wine ahead of this year's en primeur campaign and at the same price as 2012.
Christie's said it saw resurgent interest from wine buyers at its latest auction in Hong Kong, which saw vintage Champagne and Super Tuscan wines compete with Burgundy and Bordeaux for headlines.
China has agreed to end its anti-dumping investigation into wine imports from the European Union, in exchange for technical advice on how to improve its own vineyards.
Pudao Wines is expanding from the Chinese mainland by launching its retail business in Hong Kong, and wants to put a strong focus on quality wines 'beyond Bordeaux'.
The president of Bordeaux winemaker group Grand Cercle de Bordeaux has said there will be some pleasant surprises from the 2013 vintage, but he reminded producers they need to price their wines sensibly.