China: Fujian high-priced tea hype, emergency brake

Published 2021년 3월 17일

Tridge summary

Wuyi rock tea, a traditional Chinese tea produced in Fujian, has been included in China's first batch of advantageous and characteristic industrial clusters. However, the industry has been disrupted by chaos in the market and price speculation. In response, a special rectification has been implemented to curb the chaos, despite putting pressure on the industry. The rectification is aimed at promoting high-quality development and standardization in the industry. Meanwhile, Wuyishan City is promoting actions to improve cultivation, quality, brand building, and marketing. Plans are also underway to build a tea industry trading center and strengthen the protection and inheritance of traditional crafts.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

As a traditional Chinese tea, Wuyi rock tea produced in Fujian has grown from a "small leaf" to a "big industry", and has been included in the first batch of advantageous and characteristic industrial clusters in China. However, as the popularity of Wuyi rock tea has increased, the market has There has also been chaos in price speculation, and "high-priced tea" has seriously disrupted the market order. The recent special rectification carried out in Fujian has made "high-priced tea" an emergency "brake". Liu Guoying, chairman of the Wuyishan Tea Industry Association, recently interviewed a reporter from China News Agency. Said that the strong special rectification has put the Wuyi rock tea industry under obvious pressure, but in the long run, the advantages of the special rectification outweigh the disadvantages, which will promote the Wuyi rock tea industry to "shift and speed up" and move towards high-quality development. "Tea" hype style, Wuyishan City Market Supervision and ...
Source: Chinaeconomy

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