Chinese government: subsidies for pig farms
For the first time, the Chinese authorities are giving subsidies and
insurance policies to facilitate the development of the pig breeding industry
and the increase of the pork production.
This week, China's ministry of finance announced to
give pig farmers a 50 yuan (€4.90) subsidy for each sow they
The finance ministry will also subsidise pig farmers who take
out insurance, according to a Chinese press
Pork prices surged last month as the
consequence of high feed prices.
Also a shortage of pork is due to
price rises. A PRRS outbreak has swept through the Chinese pig population,
killing over a million pigs last year and 18,000 this year.
price rises, concerns about inflation in China rose as well.More
The ministry will also give cash handouts starting this
month to low-income families and poor students to spend on
According to state media reports, some local governments
seeking to reduce grumbling about high prices have already started to make cash
Senior officials yesterday
pledged to take more macro-measures to rein in pork prices while ensuring a
stable supply of meat and other staple foods.
The measures will
include better disease-prevention efforts and large-scale breeding, said Zhou
Wangjun, vice-director of the National Development and Reform Commission's price
department.For the latest pig news, subscribe
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