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The Gold Tea is produced in Huangjing Village of Baojing County,Xiangxi Tujia and Miao Autonomous Prefecture ,in Central China's Hunan province.  This village of Baojing owns a total of 73,200 mu (4,880 ha.) of tea planting area now, which has created an output value of 280 million yuan last year. The tea industry in the county has become a major support for the poverty alleviation task. More than thirty thousand tea farmers have shaken off poverty thanks to the boost of Gold Tea industry. 

The tree is 4.5 meters high and located in Baojing county's Huangjin ("Gold") village, where over 2,000 tea trees date back to the Ming and Qing dynasties.The tree, the oldest, is the only living plant on the province's intangible cultural heritage list. Leaves are harvested only once a year, in April, when the next year's harvest is auctioned off. The tree produces about half a kilogram of "golden tea" each year.

Another bidder paid for 1 kg of golden tea leaves with 1 kg actual gold (around 225,000 yuan) at Wednesday's auction. At another event in 2011, 0.1 kg of golden tea leaves sold for 98,000 yuan.