日韩精品久久一区二区三区_亚洲色图p_亚洲综合在线最大成人_国产中出在线观看_日韩免费_亚洲综合在线一区

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Policies

China's pork prices gradually reduce as supply improves

Xinhua | Updated: 2019-11-21 15:33
Share
Share - WeChat
Citizens in Zhengzhou buy pork at a local supermarket, Jan 27, 2019. [Photo/IC]

BEIJING - Soaring pork prices in China in recent months are seen to gradually soften as the country steps up efforts to boost production and supply through multiple channels.

Since the beginning of November, the overall pork price index in 16 provincial-level regions tracked by the Ministry of Agriculture and Rural Affairs had retreated for two consecutive weeks.

From Nov 11 to 15, the average pork price index in the regions came in at 46.11 yuan ($6.58) per kg, down 9.6 percent on a weekly basis.

The ministry attributed the fall to an increasing willingness among farmers and scale breeding farms to sell hogs, as well as the release of frozen pork products into the market.

Meanwhile, the price surge over the past few months, mainly affected by African swine fever and other cyclical factors, have restrained consumption and demand, which also helped to prevent further hikes.

China's consumer price index, a main gauge of inflation, rose 3.8 percent year-on-year last month, driven by soaring pork prices, which rose 101.3 percent year-on-year in October, contributing to nearly two-thirds of the CPI growth.

The recent retreat came as the Chinese government has been taking multi-pronged measures to boost supply, including increasing subsidies to restore hog production, releasing frozen pork reserves and expanding pork imports.

China has decided to offer subsidies ranging between 500,000 yuan to 5 million yuan from the central budget to large pig farms to support the construction of facilities including epidemic prevention and automatic feed plants.

In 2020, China will also select 100 counties with breeding stocks of more than 100,000 pigs to push waste utilization, with subsidies of no more than 30 million yuan.

The Agricultural Development Bank of China, the country's rural policy bank, earlier this month said it would allocate a total of 50 billion yuan of credit in the next three years to support the production of hogs.

In addition to restoring production, China has expanded imports of pork. In the first three quarters of 2019, the country imported 1.3 million tons of pork, up 43.6 percent from a year earlier, according to data released by the General Administration of Customs.

Although the combination of policies shows an initial effect, analysts warned that the supply-demand gap is still quite big and with the consumption peak during the holiday season, prices may continue to fluctuate.

"The full recovery of production capacity will take a relatively long time, and pork prices are expected to reach a turning point in the second half of 2020 if the swine fever stabilizes," said Wang Zuli, a researcher with the Chinese Academy of Agricultural Sciences.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 成年免费大片黄在线观看岛国 | www.伊人网 | 欧洲精品一区二区三区在线观看 | 爱性久久久久久久 | 色吧久久 | 欧美日韩国产综合视频在线看 | 日韩欧美亚洲在线 | 亚洲婷婷在线 | 日韩网红少妇无码视频香港 | 91精品国产露脸在线 | 毛片1毛片2毛片3毛片4 | gvg668| 国外成人免费视频 | 超碰97av 在线人人操 | 九九九色 | 91私密视频| 欧美亚洲精品在线 | 五月激情六月婷婷 | 2021年无线乱码播放高清完整 | 狠狠激情 | 日韩精品极品视频在线观看免费 | 成人免费毛片aaaaaa片 | 亚洲欧美日韩一级特黄在线 | 99精品国产免费观看视频 | 久久成人国产 | 成在线人免费视频 | 天天操综合 | 亚洲特一级毛片 | 日韩视频在线一区 | 午夜天堂精品久久久久 | 国产偷国产偷在线高清 | 亚洲午夜电影 | 亚洲免费观看视频 | 在线成人看片 | 亚洲欧美日韩在线不卡 | 日韩精品www| 国产精品美女久久久久久久久久久 | 一级高清视频www | 亚洲午夜精品aaa级久久久久 | 午夜精品影院 | 一级黄色大片视频 |