China pledges financial support for pork production


Source: Xinhua(China)|Editor: huaxia



BEIJING, May 20 (Xinhua) -- Chinese authorities stressed the implementation of various financial policies to fast-track hog production recovery and ensure sufficient market supply.


The country has witnessed a positive trend in hog production, while the task of stabilizing production and supply remains arduous, according to Wednesday's video conference jointly held Wednesday by the Ministry of Agriculture and Rural Affairs and China Banking and Insurance Regulatory Commission.


Local governments are urged to make full use of supportive fiscal and financial measures to basically restore the hog production capacity to normal levels by the end of 2020...