China to boost pork output as swine fever drives up prices

In this May 8, 2019, photo, pigs stand in a barn at a pig farm in Panggezhuang village in northern China's Hebei province. Chinese agriculture officials are launching a nationwide initiative to boost pork production following a price spike blamed on shortages caused by an outbreak of African swine fever. (AP Photo/Mark Schiefelbein)

BEIJING — China is launching a nationwide initiative to boost pork production following a price spike blamed on a devastating outbreak of African swine fever.

Authorities said Wednesday that the government will take steps to accelerate the revival of hog production, prevent and control the disease and upgrade farms to further ensure pork supply and stable prices.

Peng Shaozong of the National Development and Reform Commission said government agencies will closely monitor and analyze pork prices, stabilize production and regulate the market price.

Pork prices surged 46.7% in August from a year earlier, adding 1.08 percentage points to a 2.8 percent rise in the consumer price index. The soaring price has hit Chinese consumers hard as pork accounts for more than 60% of meat consumption.

You may also interested in

Asian markets lower after Wall Street decline

Sep 15, 2016

Asian stock markets were mostly lower Thursday following Wall Street's decline in light trading...

Asian stocks rise after Wall Street gains

Dec 21, 2016

Asian stocks are higher after U.S. stocks rose to record levels despite attacks in Germany and...

Aid groups warn of crisis as Mongolia hit by...

Dec 21, 2016

Another unusually harsh winter in Mongolia that's decimating livestock and sending temperatures to...

China plans 30,000-km high speed rail network by...

Dec 29, 2016

The Chinese government is planning to expand the country's high-speed rail network to 30,000...

Chinese delegation open to meeting Trump's team...

Jan 11, 2017

A Chinese official says President Xi Jinping's delegation to the World Economic Forum is open to...

Subscribe To Our Newsletter