Over the decade, Tong has witnessed the improvement of Yunnan coffee from trough to peak in the market.

十多年来，童见证了云南咖啡在市场上从低谷走向巅峰的历程。

The country's first offshore shale oil exploration well Weiye-1, located at the southwestern trough of Beibu Gulf Basin in the South China Sea, tested daily production of 20 cubic meters of oil and 1,589 cubic meters of natural gas, said the country's top offshore oil and gas driller on Thursday in a release.

中国顶级海上油气钻探公司周四在一份新闻稿中表示，位于南海北部湾盆地西南槽的中国第一口海上页岩油探井卫一号测试了20立方米石油和1589立方米天然气的日产量。

China's power grid companies' post-2020 transmission and distribution tariffs are expected to remain below 2019 levels despite recovering from the 2020 trough, said Fitch Ratings.

He cited Garnter's Hype Cycle, saying the bike-sharing industry is passing through the "trough of disillusionment".

Since he was one, Chen succeeded in making JinkoSolar the only profitable photovoltaic enterprise at a time when the global solar industry was going through a trough.

He believes the cost of shipping transport and volumes will increase in the future and is positive about development of the industry, which he believes has gone through a trough.

The cyclical trough is likely behind us.

Liu Qiangdong, founder and chairman of JD, said on an internal network of the company on Saturday night that JD must change, or there is no way out, saying he believes the company will walk out of the trough.

A: We expect the economy to have reached a cyclical trough in July, and should stabilize in the coming months given the range of stimulus measures put in place.

"We expect the economy to have reached a cyclical trough in July, and it should stabilize in the coming months, given the range of stimulus measures put in place," said Louise Loo, lead economist at Oxford Economics.

All these showed that the economy is coming out of the previous trough and starting to gradually recover," said Wen Bin, chief economist at China Minsheng Bank.

China's virus containment efforts have proven effective and helped the country navigate the epidemic-induced economic trough.

Industry insiders say current first-home mortgage rates are in a historic trough, and housing costs are falling.

To help it navigate the trough, multiple supportive moves ranging from bolstering market entities to spurring domestic demand have been taken by the country's policymakers.

To help foreign trade navigate the trough, a guideline was released by the country's cabinet earlier last week, specifying 13 targeted measures toward this end.

Key gauge in Aug at 18-month trough; holidays may boost servicesChina's economic recovery is likely to recoup its momentum this month onward as the twin impacts of local COVID-19 cases and recent heavy rains abate while macro policy supports strengthen, officials and experts said on Tuesday.

The Bloomberg Commodity Index, composed of more than 20 exchange-traded contracts on physical commodities, has gone up by over half since its trough in March 2020 and stood at more than 92 points as of mid-May, the highest level since the middle of 2015.

Factory-gate prices have been gradually recovering since the trough in May, when the PPI registered a 3.7 percent slide, sending the full-year PPI down by 1.8 percent from a year earlier, the NBS said.

""It appears that once again, China is driving the global economy out of the trough," said Margit Molnar, head of the China Desk of the OECD.

"It appears that once again, China is driving the global economy out of the trough.

This buoyancy comes after tourism revenue in China hit a trough in the first half of 2022 and fell by nearly half compared to the same period in 2019 before the pandemic struck, Fitch added.

He added that storage batteries having sufficient capacity could help balance peak and trough differences in electricity consumption and allow clean energy to play a more significant role in China's energy mix over the long term.

According to Liang Xinfeng, chief engineer of the Noor-II project, the 200-mW facility has the world's largest installed capacity as a parabolic trough power plant, while the 160-mW installed capacity of the Noor-III is the largest among the world's tower power plants.

As of Wednesday, West Texas Intermediate sank to a trough of $45.41, while Brent settled at $53.8.

"They have finally got out of the trough.

"Similar to many innovative industries, NEVs have had an outbreak period, growth period and trough period.

Joint efforts of various industries needed to lift cutting-edge solutions out of a 'trough of disillusionment'The artificial intelligence industry is in a "trough of disillusionment" as efforts are needed to solve many problems, such as beefing up the supply of computer algorithms so AI can be used in different industries at scale, industry experts said.

"Trough of disillusionment" is a term created by market research company Gartner Inc as part of a graphical presentation to represent the maturity, adoption, and social application of specific technologies.

Trough of disillusionment happens when interest in the technology wanes as experiments and implementations fail to deliver on the hype the industry has created.

"The trough of disillusionment for AI could last 18 to 24 months.

In the eyes of Yin Qi, co-founder and CEO of Megvii, a Chinese artificial intelligence unicorn, the AI industry is in the stage of "trough of disillusionment".

Trough of disillusionment is where interest in the technology wanes as experiments and implementations fail to deliver to the hype it has created.

"The trough of disillusionment for AI could last 18 to 24 months," Yin said, adding that only companies that can apply AI to solve industrial problems at scale can survive the stage and emerge stronger.

The onshore RMB came in at 7.1663 against the US dollar as of 4:30 pm on Tuesday, up by 1.47 percent from the recent trough of 7.2730 seen at the end of June, according to market tracker Wind Info.

The central parity rate of the renminbi against the US dollar weakened to 7.2258 on Friday, close to the recent trough of 7.2555 in November, which was a 14-year low.

Data from the PBOC showed overseas institutions and individuals held 3.196 trillion yuan ($471.4 billion) worth of onshore renminbi-denominated equities as of December, up 15.5 percent from the recent trough seen in October.

Meng Lei, China equities strategist at UBS Securities, said the A-share market may have already hit a trough as downward pressure on valuations has been "overdone "this year while earnings of A-share companies could recover gradually in the near future.

"Unless the lockdowns cause extensive disruption to manufacturing activities and supply chains, we don't expect much downside to the current valuation, which is only 10 percent away from the recent trough," the report said.

The yield on 10-year US treasury, a benchmark of return on US financial assets, has more than tripled from its trough seen in August to more than 1.6 percent as of Monday, according to market tracker Investing.

"Paolini further said the CSI 300's maximum drawdown in US dollar terms, or the biggest decline between the peak and the subsequent trough in the year, came in at 18 percent, compared with 34 percent of global equities and 30 percent of Nasdaq.

It again rose from the trough of around 18,500 in 2016 to as high as 33,484 within just two years.

By the end of March, the securities sector subindex had rebounded by more than 70 percent from its trough in the fourth quarter, having largely priced in the improved earnings, Hong said.

For instance, Ping An Group Insurance Co, which nearly doubled in Shanghai last year, has tumbled more than 10 percent in 2018, while record earnings have failed to lift analysts' favorite Tencent out of its trough.

Chen said Bloomberg Intelligence Economics' measure of China's financial stability rebounded in the first quarter from a trough in the fourth quarter of 2016, and early indicators pointed to further improvement in the second quarter.