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Chinese spend more eating out than the GDP of Sweden

With over a 1.37 billion people, Chinese spent more than half a trillion dollars eating out in 2016. In a recent report, Dianping Meituan, which offers food-ordering and delivery services, estimates the country spent 3.5 trillion yuan ($507 billion) dining out in 2016. This number eclipses the GDP of Sweden ($496 billion), Belgium ($455 billion), Norway ($387 billion) and many other countries.

Another interesting fact from the report is that the country's favorite meal out is hot pot with roughly 22% market share. For those not familiar with hot pot, it consists of a simmering metal pot of stock at the center of a dining table. While the pot is kept simmering, it is basically a do it yourself meal as you cook your favorite meats, seafood, veggies, dumpling and noodles. The cooked food is usually eaten with a dipping sauce.

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