China allocates budget to boost pork production
China plans to allocate 2.8 billion yuan ($420 million) from its central
budget to support live pig production, Xinhua News is
The funds will be used to build breeding farms and standard large scale hog
farms to promote pork production and further ensure market supply, the National
Development and Reform Commission (NDRC) said on Friday.
The NDRC has
channelled an accumulative 5.6 billion yuan ($840 million) from its central
budget to livestock farm construction this year.
The NDRC also said the
government planned to allocate more funds to the snow and earthquake-hit regions
where breeding facilities suffered severe damage, including Hunan, Jiangxi,
Guizhou, Hubei, Guangxi, Anhui, Sichuan, Shaanxi and Gansu provinces.
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