China to invest in live pig industry

1 comments

The investment will focus on upgrading and rebuilding the pig farms.

According to Xinhua News, Beijing plans to invest 850 million yuan (119.82 million U.S. dollars) in the live pig industry over the next three years, the city's bureau of finance said Thursday.

The city also plans to invest 150 million yuan in dung disposal every year and provide guaranteed loans to pig farms.

Chinese authorities Thursday released 10,000 tonnes of pork from their central reserves to increase pork supply in the market and ensure meat supply for the upcoming National Day holiday.

Thursday September 19, 2019/ Xinhua News/ China.
http://www.xinhuanet.com

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23-Sep-2019

comerfordjThe news that the chinese government is to invest $100m odd in pig farms seem very low. Anyone any idea how many pigs per year would that yield?

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