JINAN - The China Shouguang vegetable price index, a barometer of the country's vegetable market, rose 1.94 percent to 125 points on Friday.
The closely-watched vegetable price index was published daily by the city of Shouguang, Shandong province, China's major vegetable production base and its vegetable distribution and price-setting center.
The index was approved by the Ministry of Commerce in 2010 and first published on April 20, 2011, to offer a more timely and accurate reference for vegetable growers and traders.