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.

People also read these

Chinese delegation open to meeting Trump's team at Davos

Jan 11, 2017

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

China exports shrink as Trump trade tensions loom

Jan 13, 2017

China's exports fell back into contraction again last month, signaling renewed weakness for the...

A look at how Trump might shake things up in Asia

Jan 16, 2017

Donald Trump has offered views on U.S. relations with Asia that could indicate radical shifts in...

Asian markets lower amid Brexit worries

Jan 17, 2017

Asian stock markets are mostly lower after Britain said Prime Minister Theresa May will call for a...

Asian shares waver, dollar soft after Fed keeps rates steady

Feb 2, 2017

Asian markets are wavering and the dollar has lost some steam after the Fed kept its key lending...

AseanCoverage is a next-gen news site focusing exclusively on online news from South East Asia.

Contact us: sales[at]aseancoverage.com