China offers incentives to encourage investment in hog farming
INTERNATIONAL – China is broadening its range of policy incentives to encourage large private hog farms to expand by upgrading technology and safety standards, part of efforts to boost investment after African swine fever devastated herds and the coronavirus epidemic slowed the economy.
China outlined 16 measures on Monday, including subsidies for purchases of automatic feeding and waste treatment facilities and easier access to land use for large private hog-breeding enterprises to help their expansion.
“Private enterprises are the major force in ensuring effective supplies of pork and other meat products,” according to a joint statement published by the National Development and Reform Commission and the agriculture ministry.
Source: iol.co.za
