China sets target to restore its pig herd

Published 2023년 1월 19일

Tridge summary

China, the world's largest pork consumer, has been recovering from a significant setback caused by the African swine fever outbreak in 2018, which led to a surge in pork imports. However, pork imports have since declined due to the restoration of the hog herd, COVID-19, and other factors. The Chinese government is strategically rebuilding the pork industry through structural transformations, the establishment of a national coordination mechanism, and the promotion of technological advancements. This approach aims to ensure national food security, stabilize the pork supply, and combat the African swine fever. The efforts also include importing breeding pigs and working towards becoming self-sufficient in basic breeding resources by 2035. Major Chinese pork producers are investing in research and development to improve technologies and combat ASF, potentially providing opportunities for international collaboration.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

As the world's largest producer and consumer of pork, China suffered a major blow from the African swine fever (ASF) outbreak in 2018 and has since been trying to restore its hog herd amid further complications from COVID-19 , the "hog cycle" and inflation, among other factors, according to a press release by Tony Wang of the Iowa Economic Development Authority (IEDA). As a result of the devastation wrought by ASF, China's pork imports increased significantly from 2019 to 202. As China gradually rebuilds its hog herd, its pork imports dropped sharply in 2022, although the prolonged impact of ASF combined with the effect of the “pork cycle” and market speculation activities keeping current pork prices reasonably high (around US$4.6/kg). As challenging as it is, China has set clear goals for its pork industry and has decided to rebuild its pork population primarily through the following methods: 1- Structural transformation China began tightening regulations on the pork industry in ...

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