Moet toasts opening of first sparkling winery

Company says new products targeted at attracting 'young consumers looking for a high-quality lifestyle'

Moet Hennessy, the wine and spirits unit owned by French luxury group LVMH, inaugurated China's first winery dedicated to the production of premium sparkling wine on Friday, in the Ningxia Hui autonomous region.

Domaine Chandon (Ningxia) Moet Hennessy will release its first bottle in 2014, bearing the Chandon brand.