'Queen of tea' losing crown amid frugality drive
Updated: 2014-04-02 14:59
(English.news.cn)
|
|||||||||||
Communist Party of China (CPC) leaders introduced an eight-point rule a month after they were elected in November 2012 to fight against corruption and bureaucracy. The ongoing campaign requires officials to condense meetings, reduce ceremonies and exercise thrift. Another regulation in January 2013, before the Spring Festival that year, bans officials from giving and accepting gifts, tours and banquets with the use of public cash.
Such rules started affecting high-end tea sales last year, and a series of corruption cases have further deterred officials from violating rules this year, said Yu Bohong, a commentator and observer on social issues.
Zhang Yufu, manager of a tea auction company, said the frugality rules have meant the price of high-end Longjing tea has come down to a reasonable level, which was actually good for the development of the industry.
Zhang said West Lake Longjing tea was auctioned at 360,000 yuan per kilo in 2012, 24,000 yuan higher than the price of gold at the time. Last year the tea was auctioned at between 6,000 and 14,000 yuan per kilo, and is likely to go down further this year.
Qi Guowei, who owns West Lake Longjing brand "Gong" said, "With tea as our national drink, we don't want West Lake Longjing tea to be a privilege for the few. Instead, we hope it's in the tea cups of ordinary people."
Related Stories
Farmers pick tea leaves in Zhejiang 2014-03-31 09:38
Busy tea picking before Qingming Festival 2014-03-29 13:10
Putting the tea back into high tea 2014-03-29 07:35
Ninghong black tea 2014-03-28 10:10
'Japanese tea' city hopes heritage to help restore production 2014-03-26 14:27
Today's Top News
Mercury poisoning found in 5-year-old boy
Illegal GM food raises concerns
Xi's trip builds bridge to Europe
Nation's vitality 'a chance for all'
Quake off Chile sparks tsunami
China rules out 11 locations in missing jet search
Transcript of MH370 pilot communications
MH370 'unlikely' to hurt long-term ties
Hot Topics
Lunar probe , China growth forecasts, Emission rules get tougher, China seen through 'colored lens', International board,
Editor's Picks
'Model husband' shatters image of love |
President Xi visits western Europe |
Reforms give NGOs a level playing field |
Crossing the great relationship divide |
Baby hatches raise controversy |
Diaries shed lights on massacre |