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 reporting.
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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• NDRC
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