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China to produce 48 mln tonnes of pork in 2020: report

Date: 2020-05-19 15:03:36     

China will see an increase in pork output this year amid government measures to restore hog production, a report showed.

Pork production is expected to reach 48 million tonnes this year, 5 million tonnes more than that last year, according to a report by the Chinese Academy of Social Sciences.

While the epidemic has brought challenges to hog production, government incentives such as preferential loans for large-scale farms have accelerated its recovery, the report said.

China has been taking multi-pronged measures to boost the supply of pork, a staple meat in the country.

Pork prices in China edged down last month as supply increased and demand softened, official data showed.