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Southwest China's Sichuan celebrate Laba Festival with festive porridge

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Southwest China's Sichuan celebrate Laba Festival with festive porridge

2026-01-26 19:06 Last Updated At:20:37

Residents and visitors in Zitong County, southwest China's Sichuan Province, cooked and shared Laba porridge, a traditional festive dish, on Monday to celebrate the Laba Festival and welcome the approaching spirit of the Chinese New Year.

In Zitong of Sichuan's Mianyang City, festive lanterns adorned rural marketplaces, filling the air with a holiday atmosphere. Villagers gathered to prepare Laba porridge, enjoy a Laba feast, and pray for favorable weather and a bountiful harvest in the coming year.

The Laba Festival, observed on the eighth day of the 12th month in the lunar Chinese calendar, serves as a prelude to the Chinese New Year. This year, the festival falls on Monday, marking the start of the month-long festivities leading up to the Spring Festival.

Early in the morning, villagers in Gaoqiao Village, Wenchang Town of Zitong, set up four large pots.

They started by simmering peanuts for 30 minutes, then added preserved pork, mung beans, red beans, and over 10 other local ingredients.

The typical Laba porridge generally contains at least eight ingredients, a fortunate number in Chinese culture, including glutinous rice coupled with red beans, millet, Chinese sorghum, dried lotus seeds and a mix of other ingredients. It usually takes many hours to make the porridge.

"Each ingredient carries a different symbolism. The preserved pork is a winter specialty here, and the assorted grains represent the harvest's bounty. Combining them all expresses our hope for a prosperous and fulfilling life for everyone in the new year," said Yang Yan, the chef.

Unlike traditional Laba porridge, the local recipe also includes the medicinal herb balloon flower root and a local delicacy called 'Zitong Pianfen' (noodles made from mung bean) to cater to diverse tastes.

After over two hours of slow simmering, the aroma of the Laba porridge filled the streets. Both local villagers and outside visitors could receive it for free.

"In previous years, we cooked and ate Laba porridge at home. Today, having hundreds of people gathered joyfully together, with delicious food and laughter filling the hall, this is truly the most flavorful way to celebrate Laba," said Chen Kaiyang, a tourist.

Southwest China's Sichuan celebrate Laba Festival with festive porridge

Southwest China's Sichuan celebrate Laba Festival with festive porridge

As China's stock market continues to rebound, international investors are increasingly recognizing the country's high-quality development prospects, announcing plans to maintain an overweight allocation to Chinese assets in 2026 and step up long-term investment, citing confidence in their innovation and sustained growth.

Global investors are shifting their focus from short-term valuation gains to the long-term growth potential of Chinese assets, as corporate transformation and industrial upgrading accelerate. The steady improvement in corporate fundamentals has become the core driver underpinning foreign investors' bullish outlook.

"In the past, markets mainly focused on relative valuation attractiveness. Now, more and more companies are proving themselves through earnings performance and cash flow. We see continuous improvements in Chinese firms' capabilities in research and development investment, product iteration, and global expansion. Innovation is no longer just about scaling up, but increasingly about efficiency and quality," said Wen Tianna, President of Hong Kong Boda Capital International.

The sustained innovation capacity of Chinese enterprises, coupled with targeted governmental policies, is further amplifying the global appeal of Chinese assets.

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Looking ahead to 2026, investment in the AI industrial chain has emerged as a broad consensus. Meanwhile, sectors such as new consumption are also becoming focal points, drawing increasing global attention to opportunities in China.

"Recently, our UBS Greater China Conference in Shanghai attracted more than 3,600 participants. Notably, the number of investors from the United States, Europe, the Middle East, and Africa rose by 32 percent year on year. The surge in Chinese innovation is creating valuable opportunities for global investors to position for high-quality growth," said Xu Bin, Head of Research from UBS Securities.

Foreign investors bullish on long-term growth potential of Chinese assets in 2026

Foreign investors bullish on long-term growth potential of Chinese assets in 2026

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