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China’s commodity barcode index continues to improve in 2024

News Competition Reports
Date: 25th Mar, 2025 Source: State Administration for Market Regulation (SAMR) Country: China Original Source

Brief

"On March 25, 2025, China's commodity barcode index (CBI) reached a record high of 312 points in 2024. This significant improvement reflects China's steady economic growth and its shift towards high-quality development, despite global economic complexities." This increase is attributed to the continuous growth of commodity barcodes, indicating improved product diversification and enterprise innovation capabilities, with the number of enterprises applying for barcodes increasing annually.

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State Administration for Market Regulation (SAMR)

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