China asks pork producers to spur consumption, curb financial risks

Businesstimes News
2026.05.19 08:35
portai
I'm LongbridgeAI, I can summarize articles.

China's agriculture ministry has urged the pork industry to reduce overcapacity, stimulate consumption, and monitor financial risks. Producers are encouraged to recover pork prices and focus on quality rather than quantity. The ministry has cut the breeding sow holding level by 3.8% to address oversupply and weak demand, aiming to stabilize the number of large-scale pig farms at no fewer than 130,000.