China aims to grow tea industry to 1.5 trillion yuan by 2030
Chinese authorities have approved guidelines to modernise the tea sector, aiming to expand the entire production and sales chain to 1.5 trillion yuan (approximately 216 billion USD) by 2030. This initiative is a strategic move to build a competitive global ecosystem covering the full supply chain from raw materials to final consumption.
Source Globaltimes
The plan focuses on establishing a system that is well supplied with raw materials, environmentally safe, and technologically advanced. Key measures include boosting scientific and technological innovation, supporting market players and clusters, and expanding tea component applications in related fields such as household products, household chemicals, cosmetics, and healthcare.
In doing so, China not only strengthens its role as the birthplace of tea but also seeks to elevate tea’s economic and cultural significance by diversifying its uses in the future.
