China Invests in Pig Breeding

Zhang Xiaoshan, director of the rural development research institute of the Chinese Academy of Social Sciences, said the central government's announcement of the fresh investment will help stabilise pork prices, amid fears of the A(H1N1) flu.

Earlier this month, pork prices in three of the biggest markets in south China's Guangzhou dropped significantly.

Statistics released by the National Development and Reform Commission (NDRC) last week showed pork prices in major Chinese cities averaged 10.13 yuan (€1.1) per kg at the end of April, down 10.4 per cent from the same period last year.

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Related News Categories: Breeding and Reproduction, Markets and Economics, Marketing Pork, Government & Regulatory, H1N1 Flu Outbreak

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